Excellent investment opportunity with this freestanding retail building located on highly visible Allen Genoa Road. Built in 2007, this Class B retail property offers a total of 1,680 SF, including 680 SF of available lease space, providing immediate income with additional leasing potential.
The property features multiple tenancy and is situated on a 0.27-acre lot, offering flexibility for retail users. With approximately 479 feet of frontage on a major roadway, the site provides excellent visibility and convenient customer access. The property also includes approved plans to divide the building into three separate retail units, creating additional leasing flexibility and the potential to maximize rental income. A total of 10 parking spaces (1.86 per 1,000 SF leased) support both tenants and visitors.
This property is available for both sale and lease, offering versatility for investors and end users alike. The available space can be leased at $1,200 per month, presenting an attractive opportunity for retail occupants.
The asking price has recently been reduced, creating an exceptional value opportunity for investors and owner-users looking to capitalize on a prime retail location. Offered at a sales price of $400,000, this asset presents a solid investment at $267.86 per SF, combining location, income potential, expansion flexibility, and long-term growth potential.