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Executive Summary
This three-story commercial property presents an excellent investment opportunity. The main level and basement level are currently leased to a church tenant, while the owner occupies the top floor and a storage area on the main level. The owner is prepared to vacate at closing if the purchaser plans to use the space. With an annual net income of $59,880, the property offers steady cash flow. Recent renovations have significantly reduced maintenance requirements, providing a low-maintenance investment with strong income potential. Combining reliable returns with future growth opportunities, this asset is a smart addition to any investment portfolio.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,140 SF
Building Class
B
Year Built
1952
Price
$839,999
Price Per SF
$202.90
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,070 SF
Building FAR
0.55
Lot Size
0.17 AC
Zoning
BMCT
1 1
Walk Score®
Very Walkable (72)
Property Taxes
| Parcel Number | 12-1220066471 | Improvements Assessment | $190,400 |
| Land Assessment | $75,300 | Total Assessment | $265,700 |
Property Taxes
Parcel Number
12-1220066471
Land Assessment
$75,300
Improvements Assessment
$190,400
Total Assessment
$265,700
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