Mini Mall St Albans For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30638566
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad
Building Size (RSF): 11,339 SF
Gross Building Area: See Agent
Gross Land Area: 0.22 SF
Sale Price: $575,000
Unit Price: $50.71 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/23/2021

Overview / Comments

Mixed use retail, office and residential commercial investment property located in the heart of supermarket anchored shopping plaza.
The Mini Mall benefits from high traffic to the neighboring properties service and retail businesses. This well maintained stand alone
building has been in the ownership family for over 20+ years and is a rare opportunity to own a solid easy to manage and maintain
investment property.
Opportunity to take advantage of the 15,000 + traffic counts and highly visible location. Easy access via lighted intersection to Route 7
and Interstate 89.
Upside for additional cash flor via rental expansion on the second floor which currently houses a two bedroom apartment with other
spaces formally leased that could be brought to market.
Price reduced to $575,000

Attachments & Media


Finance Data Year 2020
Real Estate Taxes - Annual($) $1 (Annual)

Additional Details

Nearest MSA: Burlington-South Burlington
County: Franklin
Tax ID/APN: RT00717/111-45-3521
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1975
Parking Type: Surface
Lot Frontage: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,086 11,849 14,455
Median Age: 39.22 38.64 39.09
Households: 420 4,833 5,783


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