Listed by Zager Realty LLC
$200,000
Cheryl's School of Dance
Details
Property Type Retail
Sub Type Storefront
Square Footage 4,300
Tenancy Single
Lease Type Modified
Lease Term 10
Lease Expiration 08/31/2026
Remaining Term 0.1
Rent Bumps Yes
Price per SqFt $47
Class C
Year Built 1890
Year Renovated 2016
Buildings 1
Stories 3
Zoning Commercial
Investment Type Net Lease
Lease Commencement 09/01/2016
Ownership Zager Realty
Sale Condition For sale by owner
Retail | 4,300 SF
Marketing description
Located in the heart of Downtown Burlington. Main Street location.
2nd floor view of the Mississippi River
In 2016 this historic building underwent an interior & exterior renovation.
Within walking distance to
Post Office
Banks
Shopping
Restaurants
Investment highlights
In 2016 this historic building underwent an interior & exterior renovation.
We were able to preserve the beautiful natural brick walls.
Interior received new flooring on all levels (tile & carpeting)
New light fixtures
Additional interior walls & windows
Front exterior received new awning.
New upper windows
Building is currently under a 10-year lease which includes annual 3% increase.
Listing Contacts
Listed by Zager Realty LLC
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