Property Description
| BUILDING
INFORMATION: |
· 100% Occupied by stable, long tenure tenant (lease 5/6/12 – 8/31/25)
· 8.1% CAP · Operating Statement included below; Rent Roll available upon signing of CA · 3 Restrooms total – 2 are located downstairs, one in each unit. One additional restroom upstairs. · 3 separate rooms above Unit B with washer and dryer hookups · Each unit is individually metered for power and water. · 4 separate HVAC units – 2 per unit (downstairs and upstairs) |
| LAND: | .2± Acres |
| YEAR BUILT: | 1988 |
| PROPERTY TAX BILL: | $1,615.00 |
| EXTERIOR: | Brick |
| INTERIOR / WALL HEIGHT: | Sheetrock – 10’ |
| ROOF: | Asphalt shingles |
| CEILING/LIGHTING: | Sheet rock / recessed fluorescent fixture |
| HVAC: | Unit A & B replaced within the past 10 years |
| PARKING: | 4 striped parking spaces in front of building w/ additional parking |
| SIGNAGE: | Signage Included |
| ZONING: | C2 |
| SALES PRICE: | $270,000 – 8.1% CAP |
Property Details
Sale Type
For Sale
Property Type
Retail
Zoning
C2
Building sq. ft.
2,800 sq. ft.
(+/-)
Lot Size
0.20 acres (+/-)
Year Built
1988
Stories
2
Parking Spaces
6
Ceiling Height
10
Single Tenant
Yes
Property Pricing
Sale Price
$270,000
Cap Rate
8.1%