All I can tell you is do your numbers!!! This building is vacant right now because is in the final stage of being rehab. Projected rents are:(COMMERCIAL SPACE $1,250 SECOND FLOOR APARTMENT $750 GARAGE $500). This is one of the best spot for a commercial space in the area do to the high traffic that the FIVE intersection brings. This building should be at least worth $250,000 base on what it would generate in rents. The entire 1st floor is the commercial space witch is already zoned for a grocery store with cold and hot food in place. Upstairs consist of a huge 2 bedroom apartment with living room, dining room, kitchen and 3 pc bathroom. There is a double size garage in the back able to fit anywhere from 4 to 6 cars that can be use for storage, detailing shop etc... In fact there is a prospect tenant that is willing to pay $600 for a detailing shop. The building is being rehab with new framing, new plumbing, new electricity, new drywall, new kitchens basically everything new. HURRY and grab this cash cow.
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