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EXECUTIVE SUMMARY
Fantastic opportunity for a business owner to operate with almost 1600 sf. and/or collect rent to support mortgage. Owner will lease back for 2 small rooms with a separate entrance.
Property is priced as a business owner occupied property, with added rental income. It is NOT priced as an investment property. 90% financing available through SBA for qualified owner/user buyer. Monthly payment of principal and interest would be $2800/month and with $1600/month rental income, net mortgage payment to owner is only $1200/month.
Property has been a well known as a business location in the area since the 1960’s and continues to bring in business for current business occupants.
Current owner is looking to downsize to smaller quarters and will lease back 2 small rooms with separate entrance of building.
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$6,300
|
$3.32
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,300
|
$3.32
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Taxes | |
|---|---|
| Annual | $6,300 |
| Annual Per SF | $3.32 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,300 |
| Annual Per SF | $3.32 |
PROPERTY FACTS
AMENITIES
- Day Care
- Fenced Lot
- Security System
- Signage
- Reception
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
The State Farm® mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. Their vision for the future is to be the customer's first and best choice in the products and services they provide. They will continue to be the leader in the insurance industry and they will become a leader in the financial services arena. Their customers' needs will determine their path. Their values will guide them. They are people who make it their business to be like a good neighbor; who built a premier Company by selling and keeping promises through their marketing partnership; who bring diverse talents and experiences to their work of serving the State Farm customer. Their success is built on a foundation of shared values — quality service and relationships, integrity and financial strength. Their company mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams.
- TBD
- Real Estate
- 600 SF
- -
- TBD
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Finance and Insurance | 800 SF | - | TBD | - | |
| TBD | Real Estate | 600 SF | - | TBD | - |
PROPERTY TAXES
| Parcel Number | 05-021-044 | Total Assessment | $23,260 (2025) |
| Land Assessment | $5,800 (2025) | Annual Taxes | $6,300 ($3.32/SF) |
| Improvements Assessment | $17,460 (2025) | Tax Year | 2022 |
PROPERTY TAXES
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1 Plumbridge Dr
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