Listed by Commercial Associates
$610,000
130 NW 19th Street
Details
Property Type Retail
Sub Type Storefront
Square Footage 3,631
Net Rentable (SqFt) 3,631
Units 2
Cap Rate 6.46%
NOI $39,387
Occupancy 100%
Tenancy Multi
Lease Type Net
Remaining Term 4
Price per SqFt $168
Year Built 2005
Zoning C-1
Investment Type Stabilized
Ground Lease No
Great location, long term tenants, very well maintained building. Easy to manage
Marketing description
A two tenant building in an excellent location. Both tenants are long time Newport businesses, both tenants are long term tenants of the building. Cobblestone Pizza & Hair Nation. Both tenants renewed their leases in 2025 for an additional 5 year term.
The building is in excellent condition and is well maintained.
Listing Contacts
Listed by Commercial Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$39,387.00
$3,282.25/mo
Valuation Metrics
0
DSCR
6.46%
Cap Rate
6.46%
ROI
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Tax History
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