Listed by Investment Realty Advisors
$300,000
30 Commercial Ave
Details
APN 01-094-0-0014
Property Type Retail
Sub Type Storefront
Square Footage 1,500
Units 1
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Year Built 1983
Buildings 1
Stories 1
Lot Size (SqFt) 7,405
Zoning CS
Retail | 1,500 SqFt
Marketing description
Prime single tenant 1,500 SF laundromat building anchored by South Fork Hardware, located on Grantsville Main Street.
The busy Main Street has an average daily traffic of 10,553. The property benefits from high visibility, steady foot traffic, and easy access to the main road. Surrounded by residential communities and established retailers, this building offers strong a strong investment opportunity, and stable growth potential.
Current rents at the property are below market rates, presenting an attractive value-add opportunity for the next owner when the current lease expires. The space is currently leased with 3% annual increases. Current rent is $1,591 NNN. In July 2025, rents escalate to $1,638 then $1,687 the following year.
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Listed by Investment Realty Advisors
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