Listed by Millennium Properties R/E
$649,000
5349-53 W Belmont Avenue
Details
APN 13281040020000
Property Type Retail
Sub Type Storefront, Neighborhood Storefront
Units 5
NOI $59,432
Year Built 1927
Lot Size (SqFt) 10,019
Retail
Marketing description
Well-located on Belmont Avenue just east of Long Avenue, this 4,892 SF single-story fully occupied neighborhood retail property is available for sale. The building is comprised of five retail storefronts, two have been recently combined. The tenants include a restaurant, law firm, Seattle Sutton and a door company. The facade has been recently updated with new windows that provide excellent visibility and curb appeal. The Belmont Cragin community has benefited from steady growth in population and renewed investment. Local businesses enjoy a strong residential consumer base, great public transportation, and quick access to the Expressway.
Listing Contacts
Listed by Millennium Properties R/E
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,432.00
$4,952.67/mo
Valuation Metrics
0
DSCR
9.16%
Cap Rate
9.16%
ROI
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