RE/MAX 10
Listed by RE/MAX 10
$475,000
3614 W Division Street
Details
APN 16021320210000
Property Type Office, Retail
Sub Type Traditional Office, Storefront
Square Footage 5,000
Net Rentable (SqFt) 5,000
Units 4
Cap Rate 2.1%
NOI $9,989
Occupancy 100%
Tenancy Multi
Rent Bumps No
Class C
Year Built 1922
Stories 1
Lot Size (SqFt) 8,880
Zoning COMMR
Parking Spaces 12 spaces
Parking Per SqFt 2.40
Ground Lease No
Office & Retail Space in Hot Humboldt Park (5,000 Sq Ft)
Marketing description
Wow! You will love this Fully leased Humboldt Park retail Property- 3614 - 3620 W Division Street ( 4 contiguous storefronts) and provides long-term stabilized tenants, in-place income from established neighborhood retail/service users. The property contains approximately 5,000 SF of street-level retail across four storefront units (currently fully occupied, with one tenant utilizing a combined/double storefront). The site is approximately 8,880 SF and includes 12 Private fenced in parking spaces in back, supporting both tenant operations and customer convenience. Building features: a flat roof, approximately 9'4" drop-ceiling height, concrete slab foundation (no basement), and B3-1 zoning. All leases are month-to-month, tenants pay separate utilities, offering a buyer near-term flexibility and fast Closing while maintaining immediate cash flow. Offered as a single packaged, sale-do not disturb tenants. Rent roll and operating details available upon request.
Listing Contacts
RE/MAX 10
Listed by RE/MAX 10
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$9,989.00
$832.42/mo
Valuation Metrics
0
DSCR
2.1%
Cap Rate
2.1%
ROI
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