Listed by SVN | Retter & Company
$585,000
116 S Main St
Details
Property Type Retail
Sub Type Commercial
Square Footage 4,800
Cap Rate 7.00%
NOI $40,955
Tenancy Multi
Price per SqFt $122
Year Built 1883
Stories 2
Acreage 0.250
Zoning Central Business District (C-B)
Investment Type Owner/User
Prime Downtown Corner Location
Marketing description
This is a great option in downtown Kittitas for either an investor, owner/occupant, or someone looking for a combo of both. The building has a strong rental history and with all tenants in month - month leases, a new owner could opt to occupy all or a portion of the property.
Located at the entrance to downtown Kittitas and just a few blocks from the exit at Interstate 90. This property sits on a corner lot with great visibility, access and parking.
Established in 1883 as part of the westward expansion of the Chicago, Milwaukee, St. Paul, and Pacific Railroad, Kittitas is located in central Washington where they enjoy four seasons punctuated by crisp cold winters and nice warm dry summers.
Investment highlights
- 2 Story Building
- Commercial On Main Floor
- Residential on Upper Floor
- Strong Rental History
- Corner Lot
- Downtown Location
Listing Contacts
Listed by SVN | Retter & Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$40,955.00
$3,412.92/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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Tax History
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