Description

Investors, seize this opportunity (9% CAP) to acquire a mixed-use property on a spacious 7, 190 square foot lot. This versatile property features a total of 3, 123 square feet, including a restaurant space, two smaller commercial units, and two rental units. Unit 3, with 2 bedrooms and 1 bathroom, is currently leased, while Unit 2, a 1 bedroom and 1 bathroom unit, is vacant and offers flexibility for new tenants or potential owner-occupancy. The restaurant lease brings in $3, 200, presenting a unique opportunity for a business venture combined with residential space. Savvy investors will appreciate the potential for increased cash flow by leasing the two smaller commercial units, thereby enhancing the property's value. Located in a non-flooding zone, this property promises both security and growth. Further details are available to facilitate your acquisition process, with a loan estimate attached showing cash flow aligned with payments. See attached. 600K owner can be your bank 20 down.

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Listed by: Kate Myhan