Here is an excellent commercial revenue property that is not only built like a brick house, but has just as solid of a tenant. This sturdy building is 7,800 square feet plus a 1,300 square foot mezzanine. It has 4 natural gas radiant heaters for the shop space and hot water heat for the offices and upstairs. There are two 12x14 doors, one on either end for drive-through capabilities, as well as an 8x9 dock door. With a fenced compound and .85 of an acre of land, 3-phase power, a floor drain system, and loads of on-site parking, it is no wonder the current, long-term tenant has renewed a 5-year lease with a 5-year negotiable option. Showing a strong CAP rate, with the seller paying only property taxes and insurance, you don’t want to miss adding this money-maker to your portfolio. (id:47421)
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Detailed Information
Lot
118.25 x 0 ft
Listing Contract Date
2024-06-10
Ownership Type
Freehold
Property Type
Industrial
Transaction Type
For sale
Business
Business Type
Industrial
Business Subtype
Warehouse
Building
Constructed Date
1930
Construction Style (Other)
Distribution
Heating Type
Hot Water, Radiant heat
Size (Exterior)
7800 square feet
Type
Warehouse
Land
Total Size
0.85 acres
Size of Irregular Land
0.85
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