Description
$$$Money Maker$$$ This is a prime opportunity to invest with a PGI of over $130K per year and great cap rate at 7.45%. This attractive, well-maintained 8008 square foot building is currently configured to accommodate 25 small businesses at affordable rental rates that keep the building full. The current mix of tenants range from small practice medical & medical billing to construction companies. The solid concrete block, 2 level building is located in a business district & has great visibility with an average traffic volume of 12,000+ cars per day. The building has 15 parking spaces and abundant street parking alongside. ***Owner terms available*** for qualified buyer with good down payment. Small office spaces are desirable, making this a great investment.
-
0BEDS
-
0.23ACRES
-
0BATHS
-
01/2 BATHS
-
8,008SQFT
-
$137$/SQFT
School Ratings & Info
Description
$$$Money Maker$$$ This is a prime opportunity to invest with a PGI of over $130K per year and great cap rate at 7.45%. This attractive, well-maintained 8008 square foot building is currently configured to accommodate 25 small businesses at affordable rental rates that keep the building full. The current mix of tenants range from small practice medical & medical billing to construction companies. The solid concrete block, 2 level building is located in a business district & has great visibility with an average traffic volume of 12,000+ cars per day. The building has 15 parking spaces and abundant street parking alongside. ***Owner terms available*** for qualified buyer with good down payment. Small office spaces are desirable, making this a great investment.
© 2023 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than FORD REAL ESTATE are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of FORD REAL ESTATE. Data last updated: .2023-09-26T18:44:49.547