Financing available!!!!!! This commercial retail plaza presents a strong investment opportunity with stable income and a diversified tenant mix. The property generates approximately $19,000 per month in rental income totalling $228,000 annually.Annual operating expenses are approximately $40,000, resulting in a net operating income (NOI) of approximately $188,000 per year, the property offers a cap rate of approximately 6.6%.The plaza consists of multiple income-producing retail units occupied by established businesses, including an Indian restaurant, electronics store, cigarette/vape shop, hair salon, pizza shop, and a convenience store, providing consistent foot traffic and reduced vacancy risk.The property also offers approximately 30 on-site parking spaces, enhancing accessibility and tenant appeal. This is a solid opportunity for investors seeking stable cash flow with long-term potential. (id:47421)
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Detailed Information
Lot
62.17 x 144 m
Listing Contract Date
2026-01-25
Location Description
Cross Streets: lawnsberry drive. ** Directions: left on chamberlain right on Jeanne darc property on your right.
Property Type
Retail
Transaction Type
For sale
Zoning Description
Commercial
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air
Size (Exterior)
21000 square feet
Utility Water
Municipal water
Land
Total Size
Bldg=62.17 x 144 M
Size of Irregular Land
Bldg=62.17 x 144 M
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