Listed by The Apartment Source
$1,199,000
2945 W Harrison Street
Details
APN 16133020030000
Property Type Industrial, Office
Sub Type Warehouse, Traditional Office
Square Footage 11,900
Units 3
Cap Rate 7.10%
NOI $39,301
Year Built 1927
Stories 2
Lot Size (SqFt) 9,875
Zoning COMMR
Industrial | 7.10% CAP | 11,900 SqFt
Marketing description
Commercial Mixed-Use Investment Property with Multiple Income Stream Potential Don't miss this rare opportunity to acquire a fully renovated commercial mixed-use space, with active rental income, and additional leasable space currently available. The property has undergone extensive interior and exterior updates in the last 5 years, and stands alone its' class on the market. Key Features: Fully Rehabbed Warehouse: Updated and ready for business, ensuring minimal maintenance costs. Existing Tenant: One lessee currently occupying 1 of 3 rentable spaces, providing immediate rental income. Additional Leasable Space: With extra square footage still available for lease, you have ample opportunity to cash flow by securing additional tenants. This property is a unique investment for businesses and investors alike to capitalize on multiple income streams in a prime location. Whether you're an experienced investor or looking for your first commercial property, this is an excellent chance to secure a profitable asset.
Listing Contacts
Listed by The Apartment Source
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$39,301.00
$3,275.08/mo
Valuation Metrics
0
DSCR
3.28%
Cap Rate
3.28%
ROI
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