Listed by A.J. Billig & Co. Auctioneers
$225,000
116 E. 25th Street
Details
Property Type Retail, Office
Sub Type Traditional Office
Square Footage 2,895
NOI $27,600
Occupancy 100%
Tenancy Single
Year Built 1910
Year Renovated 2018
Buildings 1
Stories 3
Lot Size (SqFt) 1,662
Zoning OR-2/R-MU
Investment Type Stabilized
Ground Lease No
Ownership fee simple
Retail | 2,895 SqFt
Marketing description
Three story inside-of-group commercial building located on the bustling 25th Street corridor. The building is rented to one tenant paying $2,300 per month. Recent building updates include new steel fire escape and boiler. The auction provides a buyer the opportunity to buy an income producing asset with stable tenants.
Investment highlights
- POST AUCTION - BUY-IT-NOW
- $27,600 Gross Annual Rent
- Zoned OR-2/R-MU - Multiple Uses Available
- Sold free and clear of all liens
Listing Contacts
Listed by A.J. Billig & Co. Auctioneers
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$27,600.00
$2,300.00/mo
Valuation Metrics
0
DSCR
12.27%
Cap Rate
12.27%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
