Multifamily 4 Plex with Multi Tenant Shop
Commercial Industrial Zoning
FOR SALE – $649,000 @6.8% Cap
14 Parking Spaces
Industrial Building – 3200 SF
250 SF Office w/ bathroom and exterior private man door access straight to the
office. New paint 2018, steel roof, newer vinyl windows. 12×12 Overhead door.
Phase 3. Swamp cooler A/C. Gas Furnace. Exhaust to exterior. Both units fully
leased to one tenant for 2 years through Dec 2020 @ $1800 mo. Tenant pays gas
and electric. Landlord pays water. Tenant does Snow removal. Address 111 &
Unit 111 1/2 – 3 Bed/1 Bath – $925 mo – Tenant pays Gas/Elec.
Unit 117 – 3 Bed/1 Bath – $900 mo – Tenant pays Elec.
Unit 117 1/2 – 1 Bed/ 1 Bath – $646 mo – Tenant pays Elec.
Unit 119 – 3 Bed / 1 Bath – $900 – Tenant pays Elec. Landlord pays gas on 3 units
Property is located in a mixed residential and Commercial area. The units reflect pride of
ownership and a well maintained investment. This Mixed use property is near a large grocery
store, park, and central ave main artery street. Central Ave has 17,000 +/- cars a day. Seller
completed new paint in 2018 and has this property at 95% lease rates consistently. Very low
maintenance for the mostly paved lot which minimizes property management and costs.
Highlights for the 4 Plex include private washer and dryers for each unit, AC, and mailboxes
onsite. Highlights for the Industrial Shop include steel roof, exhaust fans to the exterior, steel
hoses for Airguns and more. Two identical units of 1600 SF space with offices that have a
private man door to exterior where clients do not have to walk through the shop for service.