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INVESTMENT HIGHLIGHTS
- 5 Year Triple Net lease, 7% Cap Rate
EXECUTIVE SUMMARY
Established bar/restaurant
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
9,622 SF
Building Class
B
Year Built
1930
Price
$3,800,000
Price Per SF
$394.93
Cap Rate
7.37%
NOI
$280,000
Tenancy
Single
Building Height
3 Stories
Building FAR
0.42
Lot Size
0.52 AC
Zoning
None - N/A
Parking
35 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
290’ on Pierce Street
AMENITIES
- Corner Lot
- Courtyard
- Fenced Lot
- Restaurant
- Security System
- Air Conditioning
- Balcony
Walk Score®
Very Walkable (83)
Transit Score®
Excellent Transit (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1383310010001 | Improvements Assessment | $1,579,032 |
| Land Assessment | $1,349,940 | Total Assessment | $2,928,972 |
PROPERTY TAXES
Parcel Number
1383310010001
Land Assessment
$1,349,940
Improvements Assessment
$1,579,032
Total Assessment
$2,928,972
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1916 Baldwin St
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