Courtesy of: Ryan Finnegan, SVN/Miller Commercial Real Estate, ryan.finnegan@svn.com
Courtesy of: Ryan Finnegan, SVN/Miller Commercial Real Estate, ryan.finnegan@svn.com
$380,000
|
Lot: 0.22 Acres
|
|
Other
|
$380,000
820 E MAIN STREET 820 E Main currently an income property that an investor can take advantage of upside by leasing the remaining 1250 sf suite and increasing income or for a business owner to occupy the vacant space in suite 3 while collecting income from tenants. The building was once occupied by one tenant until 2020 when the building was renovated and split into 3 suites in 2020. The building is well maintained and easily self managed. Current lease is NN with tenant paying taxes and CAM while owner is responsible for property insurance. 66% Occupancy, current NOI: $23, 394. Pro-forma NOI: $37, 746.
Courtesy of: Ryan Finnegan, SVN/Miller Commercial Real Estate, ryan.finnegan@svn.com
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.