$600,000
129-155 West Rhea Ave
Details
Property Type Mixed Use, Multifamily
Sub Type Medical Office, Storefront
Square Footage 6,435
Units 5
Cap Rate 0.25%
NOI $1,500
Occupancy 40%
Tenancy Multi
Price per SqFt $93
Broker Co-Op Yes
Year Built 1953
Year Renovated 1979
Buildings 1
Stories 1
Lot Size (SqFt) 8,277
Zoning commercial
Occupancy Date 01/23/2026
Potential is here! Don't miss out on this amazing opportunity!
Marketing description
Potential is there! Entire block of store fronts and possibilities. Priced to move and 4 units have been updated. One level with great location. Office, retail, or with permission multi-family potential.
Investment highlights
Has housed many different types of business. Currently being used for church services and clothes closet. Has housed Real Estate office, grocery store and hardware stores in the past.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,500.00
$125.00/mo
Valuation Metrics
0
DSCR
0.25%
Cap Rate
0.25%
ROI
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