$540,000
508 Madison Ave
Details
Property Type Mixed Use, Retail
Sub Type Bar, Restaurant
Square Footage 3,200
Units 2
Occupancy 50%
Tenancy Single
Lease Type Gross
Lease Expiration 01/01/2030
Price per SqFt $169
Broker Co-Op Yes
Year Built Unknown
Buildings 1
Stories 2
Lot Size (SqFt) 2,997
Zoning Restaurant Cafe/Bar
Investment Type Owner/User
Ownership Private
Mixed Use | 3,200 SqFt
Marketing description
Wonderful 3200 sqft, brick 2-story commercial/investment opportunity!! 1st-floor rented to popular Wabi Sabi Sushi bar (current rent is $2700/month). Bar & back shelving included. Hood, alarm, outside patio/seating & walk-in cooler. 2 basement areas; 1 tenant storage. 2 rooftop A/C's - 1 is new. Rubber roof 5 years old. 2 assigned, rear parking spots. 2nd-floor gutted to studs - has water & electric. Will need complete rehab. Historic district! AS-IS! Buyer to verify all use & restrictions. No liquor license included.
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