GE1 Zoned 6000 sq. ft. building with two tenants. Tenant A Enterprise Car Rental paying $84,000.00 per year net till September 30,2027 with no further options to renew. Enterprise would like to do a early renewal if purchaser wants an extremely good Tenant otherwise owner occupied October 1st 2027. Tenant B is also 3000 sq. ft. paying $61,800/2024, $63,800/2025, $65,550/2026, $67,500.00/2027. They also have an option to renew for one three year term at negotiated rates. Neither Tenant has use of the rear yard. Total present net income for 2024 is $145,800.00. A purchaser could purchase this property now and have the income and build approximately another 6,000.00 square feet onto this building now or in the future for self use or additional income. Presently the rear yard does not have an income but can be easily leased out for additional income as well. Zoning is the best industrial zoned land allowing automotive sales and repair, manufacturing, service commercial uses. (id:47421)
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Detailed Information
Lot
100 x 303 ft
Features
Rail
Listing Contract Date
2023-12-06
Location Description
south side of Harvester Road Just west of Appleby Line.
# of Parking Spaces
15
Property Type
Industrial
Transaction Type
For sale
Zoning Description
GE-1
Business
Business Type
Transportation and Warehousing
Building
Fire Protection
None
Heating Type
Forced air
Size (Exterior)
6000
Utility Water
Municipal water
Land
Total Size
Unknown
Sewer
Sanitary sewer, Storm sewer
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