Prime commercial income property in ideal location (close to post office, Ace Hardware and fire department). Approximately 5,190 of gross leasable space divided between two buildings. The current 42% occupancy rate provides gross annual income of $32,527. When fully leased the GI would total approx. $68,569 annually, so there’s plenty of upside. In addition there’s room for expansion on the oversized .84 acre parcel. This is an excellent value, priced at about a third of its estimated replacement cost.
Price: $ 399,000
In the Heart of Town