Investment Opportunity
$164,995
Listing Resources
Listing Description
Investment Office Building For Sale
Includes 6 offices, reception area, 2 restrooms, storage area, kitchenette and enclosed 2 car garage. Property includes a Marquee Sign and Asphalt Customer Parking Lot.
9.8% CAP rate -existing Tenant has 3 years left on a lease with $1,976 a month in income.
Reduced Sale Price: $164,995
Listing Details
Listing No : 2701
Sale Or Lease : For Sale
Property Type(s) : Investment, Office
Building Size (Sqft) : 1,976 Sqft
Lot Size (Acres) : 0.66 Acre(s)
Total Sqft Available : 1,976 Sqft
Sale Price : $164,995
Sale Price Per Sqft : $83.50
CAP Rate : 9.80%
NOI : $16,260
Parcel No : 19-1-08-22-20-401-012
Zoning : B3
Parking : 20
Property Tax : $3,076
Tax Year : 2023
Year Built : 1960
Class : C
Clearance Max : 8 ft
Exterior : Brick
Floors : 1
Acres : 0.66 Acre(s)
Frontage : 100 ft
-
Tony
Smallmon
- Office: 618-277-4400 Ext. 18
- Mobile: 618-407-4240
- tonys@barbermurphy.com