Excellent Retail Opprtunity Near a Walmart

Retail-Commercial for Sale
Catylist Listing ID: 30659356
Property Subtypes: Free-Standing Building
Building Size (RSF): 6,390 SF
Gross Building Area: See Agent
Gross Land Area: 0.60 Acres
Sale Price: $349,000
Unit Price: $54.62 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/4/2021

Overview / Comments

ATTENTION INVESTORS & ENTREPENEURS! EXCELLENT OPPORTUNITY! CLOSE TO WALMART ENTRANCE - 22,000 PLUS CARS PER DAY. THE BUILDING HAS A TOTAL OF 6,390 SQ. FT. THE FRONT SECTION IS 2,395 SQ. FT AND IS RENTED FOR $2,350/MONTH NNN. THIS LEAVES AN ADDITIONAL 3,995 SQ. FT.AVAILABLE FOR OWNER OPERATER BUSINESS OR FOR ADDITIONAL INCOME. FULLY LEASED BUILDING AT MARKET RATE SHOULD SHOW A 16% CAP RATE.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $14,055 (Annual)

Additional Details

Nearest MSA: Lebanon
County: Sullivan
Tax ID/APN: 120-234
Zoning: B2
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Good
Largest Nearby Street: Washington a.k.a. route 11/103
Feet of Frontage: 166
Traffic/Vehicle Count: 22,000
Property Condition: Good
Year Built: 1930
Lot Frontage: 166

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,822 12,349 14,380
Median Age: 36.25 40.31 40.99
Households: 1,692 5,278 6,142

Contact

Photograph of Listing Agent

Donald Chabot

Town & Country Realty Assoc
NECPE Member
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