ANOTHER 422 OPPORTUNITY !!! Users and Investors, we have successfully brought you another fine property to purchase. This is a 1 parcel, 2-tenant, 2 building property, on a major thoroughfare. Gross revenue is $43200. NOI $33.1k producing an 8.82% CAP. Owner only pays taxes and insurance. Tenants pay water & sewer. Property consists of a 2-bay garage leased by an independent mechanic and a used car office building & lot leased by "We Buy Any Car" for the past 13 years. 1) Garage floor plan: 1575 sq feet, 2-bay garage, office, parts room, bathroom, 2 misc utility rooms & outside bathroom. 2 lifts. 2) Used Car lot: recently renovated 424 sq foot rectangular office w/ bathroom and 25 parking spots. This was a gas station in another life and seller has tank removal and appropriate tank closure documentation. AKA 1040 & 1070 W. High Street.
yesterday | Listing updated with changes from the MLS® | |
6 days ago | Status changed to Active | |
7 days ago | Listing first seen on site |
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