Listed by Berkshire Hathaway HomeServices Starck Real Estate Crystal Lake
$295,000
2019-2025 Main Street Road
Details
APN 0530105001
Property Type Retail
Sub Type Storefront, Retail/Stores
Units 4
NOI $18,084
Year Built 1951
Lot Size (SqFt) 9,583
Retail
Marketing description
Prime Investment Opportunity in Spring Grove! This well-kept 4-unit retail/office center is fully leased and ideally located in the heart of town. Features include long-term tenants, a newer roof and electrical system, and separate utilities for each unit. The property is on city water and sewer, offers access to high-speed internet, and has 3-phase electric available. Tenants and customers also enjoy common restrooms, and the building backs up to the scenic Nippersink Creek with a patio to sit and unwind when taking a break. Current leases are below market rates.
Listing Contacts
Listed by Berkshire Hathaway HomeServices Starck Real Estate Crystal Lake
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$18,084.00
$1,507.00/mo
Valuation Metrics
0
DSCR
6.13%
Cap Rate
6.13%
ROI
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