Property Details

Overview

Property is being sold with or without a fully occupied restaurant, which occupies the building measuring 20’ x 70’. Monthly rent for only the restaurant is $6, 000. The land portion where there is currently an auto dealership will be delivered vacant. Pro Forma rent for land portion is $12, 000 per month. Can rent out the land or build to suit. R5 Zoning. C2-2 Overlay. Max FAR 1.25. Owner is willing to subdivide the property. The price of 2.2M is for the land only WITHOUT the restaurant. Price of 3.2M includes the restaurant. Pro Forma fully rented is at a 6% Cap.

Key Facts

•Lot Size: 0.21
•Lot Sq Ft: 10000
•Taxes: $17,802
•School District: Ps 235 Janice Marie Knight School
•Zoning: Residential
•Block: 4617
•Lot: 23

Additional Features

Interior & Utilities

•Water: Public
•Sewer: Public Sewer

Financial

•Taxes: $17,802

Listing Information provided courtesy of EXP Realty 888-276-0630

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