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Mixed Use For Sale By Owner
Office & Retail -Great Income Property-Cash Flow Immed
Central Ave NE & 42nd Ave NE, Columbia Heights, Minnesota 55421 United States
Description
Cash Flow immediately. Motivated to sell for personal reasons. Fully rented newly renovated office property proves immediate cash flow. Recently appraised by a bank at $425,000, with very current (2013) comps to confirm, this all brick office building built in 1986 is newly renovated and low maintenance. Location is busy, thriving corner in Columbia Heights just outside of the Minneapolis boundary. Great neighbors, steady businesses.
Gross income $60,024 produced by 10 separate tenants and all leases are personally guaranteed, gross income of $60K, net operating income of $40,124/year. To request a pricing and financing analysis and rent roll.
Price: | $350,000 |
Property Sub-Type: | Mixed Use |
Listing ID: | 1234 |
Map of: Central Ave NE & 42nd Ave NE, Columbia Heights, Minnesota 55421 United States