$375,000 Sale

Listed 13 days ago

104 third AVENUE

MLS® sk049797 Other

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · -

Est. mortgage

$1,423/mo

Key Facts

Key facts for 104 third AVENUE

Property Type

Other

Parking

Garage: No, 0 parking

MLS #

SK049797

Size

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

High-Yield Commercial Investment Opportunity | 9.85% Cap Rate , Red Apple Stores (Tenant) this stable commercial asset offers a combination of strong immediate returns and low-management oversight. Priced competitively at $375,000.00, this property delivers a robust, reliable cash flow from day one....Investment Highlights: A Net Operating Income (NOI) of $36,942.00 per year. Features 6,157 SQ FT of fully leased, establishing a secure corporate presence. The tenant is contractually responsible for 100% of property taxes, utilities, common area maintenance (CAM) including snow and landscaping, and routine HVAC servicing.The building is a steel structure that has been rem=novated in 2025 to accommodate the tenant's increased business. Protected Capital Structure.Whether you are looking to expand your existing commercial footprint or secure a high-yield, hands-off passive stream of income, this asset stands out in today's market.Unlock the Full Investment PackageTenant details, lease terms, and full underwriting documentation are strictly confidential. For deeper insight into this high-performing asset and to review the complete investment portfolio summary, contact your agent for more details. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.24 ac

Parking Spaces

Garage Spaces Y/N

Acreage

0.24 ac

Parking Spaces

Garage Spaces Y/N

Building Description

Home Type

Other

Subtype

Other

Home Type

Other

Subtype

Other

Community

N/A

Area Code

Watrous

Community

N/A

Area Code

Watrous

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Leo Liu

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