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INVESTMENT HIGHLIGHTS
- Brand New Roof Added
- Building in an up and coming area with lots of residential growth
- Brand New Parking Lot
- Building located right off of a main street with heavy traffic
EXECUTIVE SUMMARY
This 6,360 sq. ft. commercial building offers endless potential for office, retail, or mixed-use operations. One side is fully finished and move-in ready, while the other provides an open layout perfect for renovation or build-out. Located just off E. Main Street, the property features high visibility, ample parking, and flexible zoning. The building has a brand new roof, new outside lighting, and a brand new parking lot. Ideal for owner-users or investors looking to expand their portfolio in a growing business corridor.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$76,320
|
$12.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$19,080
|
$3.00
|
| Effective Gross Income |
$57,240
|
$9.00
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$12,000
|
$1.89
|
| Net Operating Income |
$45,240
|
$7.11
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $76,320 |
| Annual Per SF | $12.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $19,080 |
| Annual Per SF | $3.00 |
| Effective Gross Income | |
|---|---|
| Annual | $57,240 |
| Annual Per SF | $9.00 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $12,000 |
| Annual Per SF | $1.89 |
| Net Operating Income | |
|---|---|
| Annual | $45,240 |
| Annual Per SF | $7.11 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
6,360 SF
Building Class
C
Year Built
1970
Price
$325,000
Price Per SF
$51.10
Cap Rate
13.92%
NOI
$45,240
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.55 AC
Zoning
GB - GB - General Business — allows a variety of office, retail, and service uses including professional offices, salons, restaurants, etc..
Parking
27 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
106’ on Stuckhardt Rd.
AMENITIES
- Bus Line
- Security System
- Accent Lighting
PROPERTY TAXES
| Parcel Number | H33-00101-0030 | Improvements Assessment | $28,300 (2024) |
| Land Assessment | $12,580 (2024) | Total Assessment | $40,880 (2024) |
PROPERTY TAXES
Parcel Number
H33-00101-0030
Land Assessment
$12,580 (2024)
Improvements Assessment
$28,300 (2024)
Total Assessment
$40,880 (2024)
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3-7 Stuckhardt Rd
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