Incredible low-maintenance investment offered at a massive 6.8% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated... apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return!
Full Property Details
General
Business Type
-
Total Area
4200.00 Square Feet
Sprinklers
Partial
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Total Area
4200.00 Square Feet
Sprinklers
Partial
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Closd
Air Conditioning
Yes
Washrooms
0
Heating Fuel
Gas Forced Air Closd
Air Conditioning
Yes
Exterior
Depth
35.0
Front
64.66
Lot Size
65 x 35.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C5a
Depth
35.0
Front
64.66
Lot Size
65 x 35.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C5a
Building Description
Home Type
Commercial
Subtype
Investment
Sewers
San+Storm
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Investment
Sewers
San+Storm
Water Supply
Municipal
Possession Date
No Data
Community
Community
Crown Point
Community
Crown Point
Taxes & Fees
Taxes
$11,195 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$11,195 /yr
Tax Year
2025
Occupancy
Tenant
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