Listed by Gaut Whittenburg Emerson CRE
$240,000
721 SW 16th & 717 SW 16th
Details
Property Type Retail, Office
Sub Type Executive Office, Commercial/Lounge / Bar/Restaurant
Square Footage 3,884
Cap Rate 2.66%
Lot Size (SqFt) 18,731
Zoning PD - Planned Development
Retail | 2.66% CAP | 3,884 SqFt
Marketing description
721 Sw 16th – Stumpy’s Lounge: 1,933 Sf Building Formally Known As Stumpy's Lounge, A Neighborhood Dive-Bar That Includes Pool Tables, A Jukebox And A Welcoming Atmosphere. 717 Sw 16th – 1,950 Sf Vacant Building Currently A Bar And Lounge. Brand New Concrete Parking Lot. Owner Financing Available
Located just east of Georgia Street and two blocks north of I-40. The area includes a mix of residential, office, retail, and service-related businesses.
Investment highlights
- Sale Price: $240,000
- Building Size: 3,884 SF combined
- Lot Size: 18,730 SF combined
- Property Taxes: $2,917.92 /yearly
- Insurance: $3,307.87 /yearly
- Zoning: PD - Planned Development
Listing Contacts
Listed by Gaut Whittenburg Emerson CRE
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