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1601 Central Avenue For Sale Closed Industrial

1601 Central Avenue
$250,000
  • sq ft Building 1,288 SF / Land .28 Acres
  • Property Type industrial
  • Brochure
  • Highlights Industrial Shop For Sale - $250,000 Building - 1288 SF Land - 12,150 SF Community Commercial Traffic Counts - 16,500 day OH Doors - (2) 10 x 10 12 FT Ceiling Bathroom / Sink / Tankless Water heater 3 Phase Power Tons of yard Space!!! Allowed Use - Vehicle Repair, Detail Shop, Auto Sales, Construction Company etc Property is currently situated near a bowling alley, and has decent traffic counts and numerous residential properties to the North. Property used to be leased at $2500 month gross lease for years. Operating costs were approximately $10,000 year with $20,000 NET income. 8% Cap rate = $250,000 Sale Price. Call with questions. Current temp lease in place at $1800 month gross. Buyer could add another structure for Cold Storage or park mobile home for additional office space, and likely many more ideas for use. Please don't let this little gem pass you by.

Highlights

Industrial Shop

For Sale - $250,000

Building - 1288 SF

Land - 12,150 SF

Community Commercial

Traffic Counts - 16,500 day

OH Doors - (2) 10 x 10

12 FT Ceiling

Bathroom / Sink / Tankless Water heater

3 Phase Power

Tons of yard Space!!!

Allowed Use - Vehicle Repair, Detail Shop, Auto Sales, Construction Company etc

Property is currently situated near a bowling alley, and has decent traffic
counts and numerous residential properties to the North.

Property used to be leased at $2500 month gross lease for years. Operating
costs were approximately $10,000 year with $20,000 NET income. 8% Cap
rate = $250,000 Sale Price. Call with questions. Current temp lease in place
at $1800 month gross. Buyer could add another structure for Cold Storage or park mobile home for additional office space, and likely many more ideas for use. Please don't let this little gem pass you by.

Brochure

View Brochure

Details

  • Year Built: 1950
  • Zoning: Community Commercial

Location

Street View
Shaylee Green

Shaylee Green

406-208-7723

    CBS

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