Description
Sports Outlet building only for sale for the anxious investor. This property is under utilized and is a chance to get in and add value immediately by turning underutilized space into income. There are three spaces in the rear that can be turned in to office or retail space as well as the unused space in the front that can be more retail space. There is a loading dock and ten foot door at the rear of the property. The roof is a new steel, pitched roof over a flat roof. All other space is leased until the end of 2022. There is an agreement with the volunteer fire department across the street to allow the employees from the building to park in their parking lot. There is also street parking permitted. 17,600 square feet. Income is $122,400 annually. CAP at 7.3%.
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0BEDS
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0.63ACRES
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0BATHS
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01/2 BATHS
Description
Sports Outlet building only for sale for the anxious investor. This property is under utilized and is a chance to get in and add value immediately by turning underutilized space into income. There are three spaces in the rear that can be turned in to office or retail space as well as the unused space in the front that can be more retail space. There is a loading dock and ten foot door at the rear of the property. The roof is a new steel, pitched roof over a flat roof. All other space is leased until the end of 2022. There is an agreement with the volunteer fire department across the street to allow the employees from the building to park in their parking lot. There is also street parking permitted. 17,600 square feet. Income is $122,400 annually. CAP at 7.3%.
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