RE/MAX MI CASA
Listed by RE/MAX MI CASA
$599,000
4044-48 S ARCHER Avenue
Details
APN 19012040300000
Property Type Retail
Sub Type Storefront, Retail/Stores
Units 3
NOI $42,847
Year Built 1960
Zoning COMMR
Retail
Marketing description
Outstanding investment opportunity in the heart of Brighton Park at the highly visible corner of Archer Ave and California Ave. This well-maintained brick commercial strip center features three retail storefronts, 2 are leased with established long-term tenants, providing stable and consistent income from day one. Situated along one of the area's busiest commercial corridors, the property benefits from excellent street exposure and strong vehicle and pedestrian traffic, surrounded by established businesses and residential communities. In addition to the retail rental income, the property also generates additional revenue from a rooftop advertising sign, further enhancing its income potential. With two occupied units, steady cash flow, and a prime corner location, this property presents an excellent opportunity for investors seeking a reliable income-producing asset with future upside potential.
Listing Contacts
RE/MAX MI CASA
Listed by RE/MAX MI CASA
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$42,847.00
$3,570.58/mo
Valuation Metrics
0
DSCR
7.15%
Cap Rate
7.15%
ROI
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