This commercial investment property consists of 1.67 acres, more or less, improved by a 5,000 SF storage warehouse featuring 5 overhead garage doors. The lease income proforma for the 5,000 SF is estimated to be $4.00 per SF or $20,000.00 annually. There is a heated auto and truck repair garage with 1,300 SF which features two hydraulic lifts, an air compressor, LP gas heat, a restroom, a private office and work bench. The potential lease income for the repair garage Is $1,500.00 monthly. The repair garage is presently vacant. There is a modest two-bedroom cottage which Is leased for $450.00 monthly. There is public water and a septic system. The estimated potential annual income is $43,400.00. This valuable Incom&-producing property is priced at $399,500.00.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 30th May, 2023 11:13 AM (UTC)