Description
Commercial storefront, previous grocery store and separate restaurant on first level. 2 floor: 6 units on top with a possible 7th. Got $3000 rent for the store, $1200 for the restaurant. Got $15,000 total rent average per month when occupied. Says could get $25000 when fixed up. Wants a loan to fix and resell. Says it was appraised for 1.3 million. The grocery store is vacant and all fit out items removed. The restaurant is recently vacant. The building has a large basement that is not finished but has potential. The building also has a large 3rd floor that could be finished for multiple apartments. Has most of the fit out items remaining in the store. 6 apartments need cleaning and renovations. Income producing property $15,000 to $25,000 per month.
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0BEDS
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1.5ACRES
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0BATHS
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01/2 BATHS
Description
Commercial storefront, previous grocery store and separate restaurant on first level. 2 floor: 6 units on top with a possible 7th. Got $3000 rent for the store, $1200 for the restaurant. Got $15,000 total rent average per month when occupied. Says could get $25000 when fixed up. Wants a loan to fix and resell. Says it was appraised for 1.3 million. The grocery store is vacant and all fit out items removed. The restaurant is recently vacant. The building has a large basement that is not finished but has potential. The building also has a large 3rd floor that could be finished for multiple apartments. Has most of the fit out items remaining in the store. 6 apartments need cleaning and renovations. Income producing property $15,000 to $25,000 per month.
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