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Executive Summary
Great investment opportunity! This 2,526 square foot commercial building has 2 excellent tenants. The great location, over one acre of land with over 200 feet abutting the bike trail and offering possible building expansion, is located in a great neighborhood with very successful businesses, the post office and directly across from a bus stop. This property with solid tenants and great income has even more upside potential and a great possibility to build more space for your business. A very rare opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,526 SF
Building Class
C
Year Built
1985
Price
$1,389,000
Price Per SF
$549.88
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.92 AC
Zoning
COMM H - Commercial
Parking
19 Spaces (7.52 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Ack Gioia LLC
- Retailer
- 1,200 SF
- -
- Plus Utilities
- Mar 2025
- Eat Cakes for Breakfast
- Accommodation and Food Services
- 1,200 SF
- -
- Modified Gross
- May 2020
- Rail Trail Bike & Kayak Shop
- Retailer
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Ack Gioia LLC | Retailer | 1,200 SF | - | Plus Utilities | Mar 2025 | |
| Eat Cakes for Breakfast | Accommodation and Food Services | 1,200 SF | - | Modified Gross | May 2020 | |
| Rail Trail Bike & Kayak Shop | Retailer | - | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | BREW-000076-000000-000028 | Improvements Assessment | $201,400 |
| Land Assessment | $252,800 | Total Assessment | $454,200 |
Property Taxes
Parcel Number
BREW-000076-000000-000028
Land Assessment
$252,800
Improvements Assessment
$201,400
Total Assessment
$454,200
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302 Underpass Rd
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