Property summary
This exceptional 6,954 square foot industrial property presents a compelling investment opportunity. Situated on a prominent 0.33-acre lot with 160 feet of frontage along the busy M28 highway, this location ensures high visibility and significant traffic flow. The building is strategically divided into sections, offering diverse income streams and expansion potential. A portion of the building is currently leased to the United States Post Office, providing a stable and reliable income source. The remaining space is occupied by an established breakfast diner, which also includes retail space. This versatile layout offers numerous possibilities for future tenants or business ventures. Potential uses could include, but are not limited to, a laundromat, antique shop, or storage rental facility. The high traffic count and strategic location make this property ideal for a variety of businesses seeking a high-visibility presence in a thriving community. The asking price for this income-generating property is $295,000. This represents a significant opportunity for investors seeking a strong return on investment in a prime commercial location. The property's size, location, and existing tenancy make it an attractive proposition for both established businesses and new ventures.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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