Mixed Use Commercial/Residential Property with Vacant /.91 acre lot.Cap Rate 5.86 cap rate. Owners prefer selling 2 parcels together: #1) Vacant Lot (39,634 sq ft .91 acres) #2) Mixed Use Property w/4 buildings: Bldg #1) Restaurant and 2 units.Plus (2) 2/1ba SFR and (1) 3/1 SFR in the back of the restaurant/retail spaces. 5,021 sq ft total (Lot Size: 25,647 sq ft .59 acres).Potential rental income of over $8,000.00 per month. Currently receiving over $4,000.00 a month with approx 50% vacancy. Owner is actively seeking new tenants.
Listing courtesy of Homesmart Icare Realty.
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