The mixed-use corner building is a great investment opportunity. The building is fully occupied and boasts a great mix of income streams. On the second floor, there are three apartments which are all currently leased out. The ground floor is occupied by a store with a basement, which is also currently leased out. Additionally, there are three parking garage spaces available for tenants or customers.
The lot size for the building is 20x100, which offers a good amount of space for tenants and customers. The building has a CAP rate of 8+%, which is a good return on investment. However, there is also potential for the CAP rate to grow, which makes this an even more attractive investment opportunity.
Overall, the mixed-use corner building is a fully occupied investment opportunity that offers multiple income streams. With its great location and potential for growth, this property could be an excellent investment for the right buyer. Neighborhood highlights
Since 1987
