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Retail Building, 6 Spaces with upside Potential. Current Rents are below market. 2 vacant suites at this time (approx. 650 sf and 420 sf). At an average of $12.00/sf Rent, the Gross Rents would be about $50,000/year for a great CAP Rate of about 7.5%. Largest suite is leased for $14.68/sf.Zoning is MX-L (Mixed Use - Low Intensity).TPO roof was done in 2013 - 2014. 6 Evaporative Cooling Units, Gas Heaters in each Suite, each has 1/2 Bathroom. Ideal for Retail or Offfice use, occupy one or both the vacant spaces or the whole building, or pure Investment for good income potential.
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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Updated: 24th March, 2023 6:13 AM (UTC)
Listing Office: R & R Real Estate Partners LLC