Sold!
$1,175,000
9,160
Living Area
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Property Description
Faulkner Commercial is pleased to present this mixed-use value-add investment opportunity. Seize the chance to acquire a prominent property in the heart of Market Square. This property offers commercial spaces on the first and second floors, complemented by six two-bedroom apartments. Current rents are below market value, presenting significant growth potential. The first floor is currently leased to a restaurant, and the second floor is vacant. All tenants are on a month-to-month basis. Property tours require 24 hours' notice minimum and are by appointment only. Please do not inquire within. Initial tours will include one or two apartments, with a complete tour available during the due diligence period. The Offering Memorandum and investment proforma are available upon signing a Non-Disclosure Agreement. All information was obtained from the seller and public records, and prospective buyers are advised to perform due diligence in all aspects of a contemplated acquisition.
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Highlights
- Property Class: Commercial Sale
- Status: Closed
- Year Built: 1874
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Additional Details
- Roof: Rubber
- Zoning Description: Legal Conforming
- Zoning: Cb
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Fees / Taxes
- Tax Year: 2024
- Taxes: $11,907
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Listing information provided courtesy of Keller Williams Realty.
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