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18 Market St 1,617 SF Retail Building Oldham OL2 8NH $332,384 ($205.56/SF) 8.28% Cap Rate
Investment Highlights
- Mixed-use freehold investment
- Separate retail and residential access
- Producing £20,700 per annum
Executive Summary
The property comprises a mixed-use building occupying a prominent corner position within Shaw town centre. Arranged over ground and first floors, it provides a commercial retail unit at ground floor level with a separately accessed self-contained residential flat above. The retail accommodation fronts Market Street, while the first floor provides two-bedroom residential accommodation with living, kitchen and ancillary space. Both elements are independently occupied and accessed, creating a dual-income investment asset within an established commercial location.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,617 SF
Building Class
B
Year Built
1893
Price
$332,384
Price Per SF
$205.56
Cap Rate
8.28%
NOI
$27,521
Tenancy
Single
Building Height
2 Stories
Building FAR
0.91
Lot Size
0.04 AC
Frontage
22’ on Market St
Amenities
- Security System
- Automatic Blinds
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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18 Market St
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