Sold!
$1,850,000
0.82
Acres
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Property Description
CALLING ALL INVESTORS - Whether you are a seasoned investor looking to add to your portfolio, or you are looking for a great foundational piece to your business, this is the opportunity for you! The building consists of over 5000Sq ft of office/medical space, currently occupied by a medical facility, with a lease running through the end of 2031. Cap rate is 7%. Lease payments go up 2.5% each year increasing NOI. New parking lot 2018. New Roof. Tenant about to undertake considerable upgrades to the interior with a renovation at their expense. Floor plans attached. Reach out for additional info!
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Highlights
- Property Class: Commercial Sale
- Status: Closed
- Year Built: 1920
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Additional Details
- Roof: Asphalt/Composition Shingles, Rubber
- Zoning Description: Legal Conforming
- Zoning: I
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Fees / Taxes
- Tax Year: 2024
- Taxes: $6,274
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Listing information provided courtesy of O'Brien Commercial Properties, Inc..
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