141 - 149 Main Street W
Multifamily | 7.60% CAP | 8 Units
Marketing description
Investment highlights
Prime Investment Opportunity: Two-story, approximately 7,200 SF property on the highly visible corner of Main Street and Faet Street, across from a municipal parking lot.
Mixed-Use Building: Includes two commercial spaces and six apartments.
Recent Renovation: Entire building was renovated a few years ago.
Zoning: B-1 Business District allows retail, office, restaurant, and residential uses for flexible occupancy options.
Corner Restaurant:
Busy restaurant recently completed renovations.
Most restaurant equipment will convey with sale.
Features rooftop solar panels (owned by property owner) with transferable warranty, currently used to power the restaurant.
Second Commercial Space:
Occupied by a financial services office affiliated with LPL Financial.
Tenant recently signed a new three-year lease extension.
Residential Units:
Five one-bedroom, one-bathroom apartments upstairs, each with individual heat pumps.
Additional two-bedroom, one-bathroom apartment with covered patio and carport located on Faet Street.
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