Description
Rare Investment Opportunity- Very visible commercial building with 6 oversized, multi-use units, just blocks from the lakefront in St. Francis! It has 4 retail spaces & 2 apartments with over 6,600 sq ft. in total. This property has a lot of potential for higher Cap Rate for an investment or business owner. Second level has 2 VERY large apartments, 4 Bedroom/2 Bath & 2 Bedroom/1 Bath, both occupied and each with in-unit laundry. Updates include: Newer Furnaces/Water heater & mechanical units in the past few years, garage roof (tear off) 3/22 & more. This property also includes customer parking in front and additional business owner/tenants parking in back with a 2.5 car detached garage. It is conveniently located to all amenities, expressway & lake. Please don't disturb current tenants!
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0BEDS
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0.33ACRES
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0BATHS
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01/2 BATHS
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6,608SQFT
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$117$/SQFT
School Ratings & Info
Description
Rare Investment Opportunity- Very visible commercial building with 6 oversized, multi-use units, just blocks from the lakefront in St. Francis! It has 4 retail spaces & 2 apartments with over 6,600 sq ft. in total. This property has a lot of potential for higher Cap Rate for an investment or business owner. Second level has 2 VERY large apartments, 4 Bedroom/2 Bath & 2 Bedroom/1 Bath, both occupied and each with in-unit laundry. Updates include: Newer Furnaces/Water heater & mechanical units in the past few years, garage roof (tear off) 3/22 & more. This property also includes customer parking in front and additional business owner/tenants parking in back with a 2.5 car detached garage. It is conveniently located to all amenities, expressway & lake. Please don't disturb current tenants!
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