Description
11% CAP rate! Centrally located plaza on under 3 acres. (6) units total. New 30+ car parking lot 2018. New facade and metal mansard roof. 2024 new front parking lot, site work/drainage, and flat roof work. Snap Fitness TENANT has 2 brand new high efficiency furnaces and 2 new air conditioners, new exterior windows/doors, new rough plumbing for 4 bathrooms, rough electric, insulation and drywall. Dog Bar and Dog Grooming TENANTS. Warehouse TENANT has (1) large heated warehouse space approx. 4,000 sq feet that was 100% freshly painted in 2016 with garage door entrance. Unique place with a lot of opportunity for the savvy investor. Fully occupied, current gross rents are $11,300 no CAM. Rents should be higher!
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0BEDS
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2.35ACRES
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0BATHS
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01/2 BATHS
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13,262SQFT
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$72$/SQFT
Description
11% CAP rate! Centrally located plaza on under 3 acres. (6) units total. New 30+ car parking lot 2018. New facade and metal mansard roof. 2024 new front parking lot, site work/drainage, and flat roof work. Snap Fitness TENANT has 2 brand new high efficiency furnaces and 2 new air conditioners, new exterior windows/doors, new rough plumbing for 4 bathrooms, rough electric, insulation and drywall. Dog Bar and Dog Grooming TENANTS. Warehouse TENANT has (1) large heated warehouse space approx. 4,000 sq feet that was 100% freshly painted in 2016 with garage door entrance. Unique place with a lot of opportunity for the savvy investor. Fully occupied, current gross rents are $11,300 no CAM. Rents should be higher!
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Listing information © 2024 CNYIS, GENRIS, WNYREIS. Listing provided by Shannon Mcnichol of Nichol City Realty : 716-480-8117.