Retail & 3 Apartments

Retail-Commercial for Sale
Catylist Listing ID: 29836516
Building Size (RSF): 4,396 SF
Gross Land Area: 0.27 Acres
Sale Price: $149,900
Unit Price: $34.10 PSF
Property Use Type: Investment
Building Name: Tattoo Parlor and 3 Residential Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/14/2017

Overview / Comments

Commercial store front that is being rented to a Tattoo Parlor, 3 residential Apts., large side parking lot, vinyl replacement windows and vinyl siding, the heating system heats the store front and Apt 2, the other 2 apartments are heated with gas monitors. Walking distance to the hospital and downtown. Excellent Location! Total Income is $32,856.00 and Total Expenses are $15,879.87

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $3,454 (Annual)
Net Operating Income $16,976 (Annual)
Gross Operating Income $32,856 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Taxing Authority: City of Lewiston
Tax ID/APN: 194/71
Zoning: COMMERCIAL BUSINESS
Market Type: Large
Retail Clientele: Family, Business, Other
Property Located Between: Near Route 126 and Route 196
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Route 196
Feet of Frontage: 985
Transportation: Bus, Highway, Taxi
Site Description: Flat with side parking lot
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,268 SF
Property Condition: Average
Year Built: 1870
Roof Type: Arched
Construction/Siding: Vinyl Siding
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: 8 to 10
Heat Type: Oil, Other
Heat Source: Wall Units, Other
Internet Access: Cable
Zoning Description: See Attachments
Lot Frontage: 98.5
Lot Depth: 108
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: See Attachment
Legal Description: See Attachment

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,281 50,229 59,530
Median Age: 31.49 37.33 38.35
Households: 8,819 21,354 25,186

Contact

Photograph of Listing Agent

Dot Fernald

The Dot Fernald Team Inc.
NECPE Member
© Copyright New England Commercial Property Exchange. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.