STATUS: ACTIVE,
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YEAR BUILT: 1965, MLS #: A10561425, TAX YEAR: 2017
This property consists of 10,320 square feet of leasable space well situated on a large 15,372 square foot lot. Property is zoned IM-2 which permits most heavy industrial uses. Twin-T concrete roof. All automotive uses allowed. Clean phase 2 on file. Three property bays are allocated as 2 - 1750 sf, and 2 - 3450 sf. There are currently three tenants.This property is currently grossing $119,365 per year, netting $94,868 per year. When the legacy tenant bay is leased to a new tenant at current market rates, this property will be netting $124,300 which will provide an investor with an above market capitalization rate of 7.65%.
AMENITIES: LOT SIZE BETWEEN 1/4 AND 1/2 ACRE,
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