Listed by F.C. Tucker Company
$590,000
5223 Columbus Avenue
Details
Property Type Retail, Mixed Use
Sub Type Storefront, Convenience Store
Square Footage 4,360
Units 3
Cap Rate 7.13%
NOI $42,068
Occupancy 100%
Tenancy Multi
Lease Type Modified
Remaining Term 1
Year Built 1965
Acreage 0.320
Zoning B1
Ground Lease No
Renovated mixed use with 20,000 views per day
Marketing description
Prime investment or owner/operator mixed use opportunity at one of the busiest intersection in Anderson. approximately 1,600 sq ft retail space on the first floor, approximately 1,050 sq ft garage/storage space, and an approximate 1,600 sq ft 3 bed, 2 full bathroom apartment on the second floor. Zoned B1, which will allow a wide variety of commercial and business applications.
Investment highlights
-Renovated mixed use property with investor or owner/operator
-Corner lot with 20,000 vehicles daily combined at a signaled intersection
-1,600 sq ft retail space on ground level
-1,050 sq ft garage/storage space on ground level
-1,600 sq ft 3 bedrom, 2 bathroom apartment on second floor
Listing Contacts
Listed by F.C. Tucker Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$42,068.00
$3,505.67/mo
Valuation Metrics
0
DSCR
7.13%
Cap Rate
7.13%
ROI
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