Great two unit commercial property with room to add or subdivide. Restaurant has six years remaining on 15year lease and the church is on year lease but has been there 10 years. Good opportunity for 2 unit commercial investment property or could be owner occupy on one side. Parking in front and behind the building. Room to add commercial space, build apartments or make residential lots along the rear. See documents for income and expense detail. Net income $26,412 and restaurant pays first $1,000 of each repair and church pays first $300 of each repair so owner seldom has repair costs. Minimal management required.
|Price Reduced from $300,000 to $285,000|
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Listing information last updated on November 13th, 2019 at 12:03am EST.