Attention investors! Desirable 9 unit mini plaza consisting of 8 ground level office/retail units plus a finished unheated bonus space on the 2nd floor. Great track record of occupancy and income, with upside potential and room for value add. Currently seven of the eight ground level units are rented, consisting of six tenants (one tenant is occupying two units). The eight ground floor unit is in the process of being renovated. Long-term tenants include an attorney'˜s office, a barbershop, and computer repair shop. Additional tenants includes a local contracting firm, Gaming and Simulations by Ben, and a clock repair shop. This plaza sits conveniently located with great exposure on a corner lot. Three of the units face Main Street with 68' of frontage, and the remaining four units face School St with 123' of frontage. Off street parking for several cars is included on the right hand side of the building, where there is also exterior access to the upstairs 9th bonus unit. This space is suitable for storage, but has also been rented in the past for musical instruments instruction. With town permission you may be able to convert to residential living space, buyer to do due diligence. Tenants have been great payers and are all current. Property is priced for condition. Whether you are a seasoned investor looking to pick up more cash flow, or someone looking for an investor's entry point to the market, this property presents excellent value and opportunity!
|--||New Value: $185,000|
|5/13/2022 3:35:00 PM||New Value: $185,000|