Listed by Simon & Associates Real Estate
$226,000
Storefont Building with a lot
Details
APN 1419381006
Property Type Retail
Sub Type Storefront
Square Footage 800
NOI $25,000
Year Built 1956
Acreage 0.050
Retail | 800 SqFt
Marketing description
This commercial building for sale presents a great opportunity for steady income, with the added benefit of the current owner also operating their business on-site. Located in a Green Zoned area, the property offers flexible use options for a variety of businesses. The owner is willing to negotiate a lease with the new owners to remain in the space, providing stability and potential long-term income. Additionally, the sale includes an extra lot at 15607 E 10 Mile Rd, offering further expansion potential or development opportunities. This is a prime investment for anyone looking to capitalize on both a well-established business and a strategically located commercial property
Listing Contacts
Listed by Simon & Associates Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,000.00
$2,083.33/mo
Valuation Metrics
0
DSCR
11.06%
Cap Rate
11.06%
ROI
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