
Listed by RE/MAX Realty Professonals
$985,000
994 US 123 Highway (1.45 acres)
Details
APN 520-15-04-023
Property Type Land
Sub Type Commercial
Acreage 1.450
Parking Spaces 25 spaces
Land | 1.45 acres
Marketing description
1.45 acres of 2 adjoining lots for sale with 280 ft of Highway 123 frontage located across from Harbor Freight and the Viking Boat Dealership. Premium location for a 6-Suite Plaza Building. The seller offers Build To Suit To National Accounts. The acreage is also offered as a Ground Lease Opportunity with a 20 year lease @ 8% increases, 1st 5 years at $ 6000 per month, 2nd 5 years at $ 6480 per month, 3rd 5 years at $ 6,998 per month, 4th 5 years at $ 7558. A 10 year lease could be available. The DOT R/W has been purchased down to US Highway 123. Property consists of two map numbers to apply for two curb cuts. The $ 72,000 listing price for the first years rent $ 6000 per month x 12 months =$ 72,000. Highest traffic in Seneca. Available also, if only 1 lot is needed, can purchase the .84 acre lot for $ 590K. Great location, close to everything ! Interested parties to verify everything of importance.
Investment highlights
- Other Parking Details : 11 - 25
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Listed by RE/MAX Realty Professonals
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