Marketing Remarks
Opportunity here with a cap rate of over 11%. Current owner is looking to do a sale/leaseback with a long term master lease for the building which includes a real estate brokerage and a salon/spa. Under the master lease, tenant would be responsible for maintenance and repair. The building has been fully renovated in the past two years. 2 HVAC systems, all plumbing, electric, roof, windows, interior and exterior paint. Property sits on a double lot with a new parking lot and green space with outdoor seating. Property is zoned mature neighborhood commercial which allows for single family, multi family and various commercial/office uses.
additional details
- Heating System Forced Air
- Cooling Central
- Garage None
- Total Baths 4
- Utilities City Water,Natural Gas
- Lot Dimensions .2111
Room Dimensions
- Bedroom: 8 x 14 (Second)
- Bedroom: 17 x 13 (Second)
- Bedroom: 13 x 12 (Second)
- Bedroom: 10 x 12 (Second)
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- Office : 937.434.7600
- Mobile : 937-266-5511
- Fax :937-306-1806
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Courtesy: Local Roots Realty (937) 308-1883 Rachel Gannon
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