Description
Located in the heavy foot traffic area, a mixed commercial building with great investment value for SALE. Retail tenant on the 1st Floor, well established high-end brands retailer, currently pays under market valued rent but will pay $4,000/M with a new long-term lease. Residential tenant on the 2nd Floor occupies 3Br 2Fbth apt with $2,700/M rent. 2 car parking available (currently 1 car parking but can be easily converted to 2 car parking) and easy street parking. CAP rate, approximately 4.92%.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Located in the heavy foot traffic area, a mixed commercial building with great investment value for SALE. Retail tenant on the 1st Floor, well established high-end brands retailer, currently pays under market valued rent but will pay $4,000/M with a new long-term lease. Residential tenant on the 2nd Floor occupies 3Br 2Fbth apt with $2,700/M rent. 2 car parking available (currently 1 car parking but can be easily converted to 2 car parking) and easy street parking. CAP rate, approximately 4.92%.
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