Sebastian Co. Real Estate
Listed by Sebastian Co. Real Estate
$1,675,000
630-642 Busse Highway
Details
APN 09272250240000
Property Type Retail
Sub Type Storefront, Retail/Stores
Square Footage 12,000
Units 7
NOI $40,000
Year Built 1955
Lot Size (SqFt) 24,798
Zoning COMMR
Retail | 12,000 SqFt
Marketing description
Fully occupied seven unit armchair investment property in desirable location with high traffic counts and flexible zoning. 12,000 square feet, all masonry building with 35 off-street parking spaces. Established, long term tenants. Contact broker for income/expense information and survey. Potential for commercial condo conversion. 1031 buyers welcome. Property taxes expected to be reduced to roughly 50% of current amount.
Listing Contacts
Sebastian Co. Real Estate
Listed by Sebastian Co. Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$40,000.00
$3,333.33/mo
Valuation Metrics
0
DSCR
2.39%
Cap Rate
2.39%
ROI
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Property History
Tax History
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