5268 Atlantic Blvd, Maywood
About This Property for Sale
Marketing description
Large 3 parcel, 3 unit property -- all rented to long term tenants -- on a large 17,000 sq ft lot with plenty of parking. The two retail stores on Atlantic are a total of 2,948 sq ft building space and the garment shop on the corner is 5,252 sq ft building space. This is three lots combined as one -- the two retails, the corner warehouse, and the vacant lot (parking lot). Possibilities for increased rent or owner/builder use. Zoning is retail, warehouse and automotive for future use.
Investment highlights
Large 3 parcel, 3 unit property -- all rented to long term tenants -- on a large 17,000 sq ft lot with plenty of parking. The two retail stores on Atlantic are a total of 2,948 sq ft building space and the garment shop on the corner is 5,252 sq ft building space. This is three lots combined as one -- the two retails, the corner warehouse, and the vacant lot (parking lot). Possibilities for increased rent or owner/builder use. Current gross rents are approx. $105,000. Zoning is retail, warehouse and automotive for future use.
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