Newly renovated turn key commercial building featuring two units. One unit is currently occupied by a long term caf/restaurant tenant with 9 years remaining on their lease. The tenant is leasing the restaurant space only and paying $3,000 per month. The second unit is no longer leased or occupied and is available for owner use or to lease to another business, offering flexible options for additional income or personal business use.
Positioned on a prime corner lot along a busy thoroughfare, the building includes over 4,144 square feet of space with C 2 zoning.
The current monthly income is $3,000 providing consistent rental revenue from a stable tenant, with room for growth once the second unit is leased.
The property features a full commercial kitchen, three ADA accessible restrooms, new paint and flooring, a walk in cooler, and a resurfaced parking lotall contributing to its modern appeal and functionality.
Located on a well traveled avenue, this property pairs excellent visibility with investment flexibility, making it a smart opportunity for both investors and business owners.
Newly renovated turn key commercial building featuring two units. One unit is currently occupied by a long term caf/restaurant tenant with 9 years remaining on their lease. The tenant is leasing the restaurant space only and paying $3,000 per month. The second unit is no longer leased or occupied and is available for owner use or to lease to another business, offering flexible options for additional income or personal business use.
Positioned on a prime corner lot along a busy thoroughfare, the building includes over 4,144 square feet of space with C 2 zoning.
The current monthly income is $3,000 providing consistent rental revenue from a stable tenant, with room for growth once the second unit is leased.
The property features a full commercial kitchen, three ADA accessible restrooms, new paint and flooring, a walk in cooler, and a resurfaced parking lotall contributing to its modern appeal and functionality.
Located on a well traveled avenue, this property pairs excellent visibility with investment flexibility, making it a smart opportunity for both investors and business owners.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 4144.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Road Frontage Type: State Road
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2023
Other Features
Country: US
Legal Description: OAK RIDGE S/D MB3 P188 BLK 8A LOTS 1 & 2 (EX OR182 P704 RD)
Outstanding Investment Opportunity with 8% Cap Rate
This 4,400 sq. ft. insulated, steel framed metal building is fully leased to a long term tenant, offering reliable passive income. Positioned on a
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.