Property includes ±1,800 sqft. metal warehouse with drive-thru access to rear fenced yard, plus ±600 sqft. concrete block workshop space.
Fantastic opportunity for an owner-user to occupy the larger building and collect rental income from the workshop.
Parcel of ±5,000 sqft. is zoned RM2 and has strong live/work potential.
Main warehouse has 3-phase electrical service (buyer to confirm amperage). Workshop has it's own single phase electric meter and address. However, it does not have it's own bathroom and square footage does not appear on public tax records.
Currently the 1,800 sqft building is leased m-t-m at rent of $3,000/mo I.G.
Property can be delivered vacant at COE or with tenant in place.
This property is offered 'SUBJECT TO' existing private secured note.
6.5% interest, fully amortizing 10-year loan.
Cash to close: approximately $95,000
Down payment: $80,000, plus closing costs.
Call broker for details.