**Subject to Offer - This post needs to include the ideal asking price, but the property is open to offers.**
This property features two units with established long-term contracts that present a robust investment opportunity. With a combined monthly rent of $6,495, these long-term leases provide stable income streams and flexible rental income options, effectively reducing vacancy risks.
Additionally, the property is zoned OR-1, offering versatility for office or retail uses, and is situated within an enterprise zone. This location benefits from economic incentives such as potential tax credits, streamlined permitting, and other regulatory advantages designed to spur local business growth. These added benefits make the property an even more attractive option for investors seeking both immediate income and long-term growth potential.
Strategically positioned along a major road, the property enjoys high visibility and accessibility, attracting a diverse community and ensuring steady demand for local retail and service businesses. Nearby banks and ATMs further enhance the property's appeal by providing convenient financial services for tenants and customers, supporting potential business expansions in the area.
**Subject to Offer - This post needs to include the ideal asking price, but the property is open to offers.**
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Listing Snapshot
Price
$950,000
Days On Site
305 Days
Bedrooms
N/A
Inside Area (SqFt)
6,380 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1975
MLS® Number
MDBA2132194
Status
Active
Property Tax
$8,798
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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