Description
Two separate Commercial buildings zoned Corridor Mixed Use 1, already split into 3 separate condo units with a common parking lot. Great investment opportunity. Currently rented as retail and office spaces. Brand new roof, siding, gutters, and fascia just installed. The back building is 6,912 Sq ft with 3 separate rental spaces and the front building is 1,456 sq ft currently rented as a studio/salon. See full brochure for details. All units are metered separately. Located just west of 24th street on Grand Ave that sees lots of daily traffic. Rental rates are under market rent with lots of potential to increase cap rate. One unit vacant. Currently would be a 5 cap fully rented.
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0BEDS
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0.42ACRES
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0BATHS
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01/2 BATHS
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8,368SQFT
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$107$/SQFT
School Ratings & Info
Description
Two separate Commercial buildings zoned Corridor Mixed Use 1, already split into 3 separate condo units with a common parking lot. Great investment opportunity. Currently rented as retail and office spaces. Brand new roof, siding, gutters, and fascia just installed. The back building is 6,912 Sq ft with 3 separate rental spaces and the front building is 1,456 sq ft currently rented as a studio/salon. See full brochure for details. All units are metered separately. Located just west of 24th street on Grand Ave that sees lots of daily traffic. Rental rates are under market rent with lots of potential to increase cap rate. One unit vacant. Currently would be a 5 cap fully rented.