Are you looking for a Town Center zoned business space in a high traffic location (within a block of Dollar General) and/or an investment property with positive cash flow? Be part of this quaint and bustling town and be located right on the Historic National Pike. Use or rent the 2,250 square foot accessible main level with lots of paved parking, with the unique opportunity of a preinstalled drive through window. Have special tax exemptions for certain businesses in this Arts and Entertainment District. Add the cash flow of 2 currently rented, high demand, well maintained residential units on the second floor that even has an installed chair lift. Include the benefits of the full unfinished basement providing another 2,250 square feet of space. Enjoy easy maintenance as many recent improvements have been made (list available). Even take advantage of plenty of room for parking expansion, if you prefer. Main level was previously rented at $2,000/month. The two upper units, 1) 2 bedroom and 1) 3 bedroom are each under lease for $700/month. Feel comfortable reaching out about possible Low Down Payment options through SBA loan options, FHA Mortgages for owner occupants, or no income verification (DSCR) loans based solely on rental return.
The income description goes here to explain
List Price | $348,800 |
Property Type | Flex Space |
Usable Sqft | Unknown |
Number of Stories | 2 stories |
Parking Spots | 0 spots |
Year Built | 1987 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 1203002241 |
MLS # | MDGA2008616 |
Property ID | 319964606 |
Lot Sqft | 11,761 |
Zoning | TOWN CENTER |
Total Units | 3 |
Days on Market | 52 |
Original List Price | Unknown |
Date Updated | December 17, 2024 |
Date Created | December 12, 2024 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $40,800 | $0 |
Operating Expenses | $ 9,000 |
Cap Rate | 8.00% |
Lana K Roby an agent of . Lic #79208
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT