Listed by Malek Properties
$449,000
4 Unit Commercial
Details
Property Type Retail, Office
Sub Type QSR/Fast Food, Storefront
Square Footage 6,922
Net Rentable (SqFt) 6,922
Units 4
Cap Rate 8.80%
Occupancy 50%
Tenancy Multi
Lease Type Gross
Price per SqFt $65
Zoning B1
Ground Lease No
Sale Condition For sale by owner
Retail | 8.80% CAP | 6,922 SqFt
Marketing description
The best block on Broadway is presenting a great opportunity! Right smack in the middle of town. This is a four unit, ground floor building in turn key condition with two long term tenants and 2 spaces ready to go for rental. One office space features a kitchen open room and bathroom and the other is a small office with room for a desk and storage. The structure features a new roof, new gutters and new soffits all around. In the crawl space there are all new water pipes, water meter, sump pump and foam insulation. The electric meters have been separated for easy billing. The camera system will hold about 2 weeks of footage. Financials are available for serious buyers. Strong cap rate!
Listing Contacts
Listed by Malek Properties
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