Listed by Watson Realty
$415,000
10009 Main Street
Details
APN 188-041-11&12
Property Type Retail
Sub Type Restaurant
Square Footage 2,535
Net Rentable (SqFt) 2,535
Units 1
NOI $24,000
Occupancy 100%
Tenancy Single
Broker Co-Op Yes
Class C
Year Built 1964
Buildings 1
Stories 1
Lot Size (SqFt) 12,650
Zoning C-2
Investment Type Owner/User
Ownership Fee
Retail | 2,535 SqFt
Marketing description
PRICE REDUCED TO $415,000 FOR QUICK SALE!
Great Owner/User opportunity for a drive-thru restaurant on busy Main Street in Lamont situated on a 12,650sf lot. Includes 9921 Main Street (APN 188-041-12), a vacant lot adjacent to the north of the improved site.
The building has newer exterior/stucco and a drive-thru window. The walk-in cooler and some kitchen equipment included.
The current tenant operates a carwash five days a week. The lease has approximately 1-year remaining. The tenant may be receptive to an early termination, if necessary.
Do not disturb the tenant. All offers must be subject to interior inspection.
E-mail offers to Chuck at: [email protected]
Listing Contacts
Listed by Watson Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,000.00
$2,000.00/mo
Valuation Metrics
0
DSCR
5.78%
Cap Rate
5.78%
ROI
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