Maximize your portfolio with this 5,184 SF commercial asset featuring three versatile units. Currently generating $24,320 in NOI with low owner overhead, the property offers a blend of immediate cash flow with a current cap rate of 9.07% and the vacant unit providing value-add potential.
Units 105 and 105A are occupied on Modified Gross leases with tenants paying utilities.
Unit 105B: The vacant unit is a large open warehouse with garage door access. Warehouse has 3 bathrooms, and includes a finished apartment/office area with a full bath, fridge, and washer/dryer.
Strategic opportunity for anyone needing warehouse/storage space while having the front tenants offset the mortgage.
