Power Marketing

 21980 HIGHWAY 7 HIGHWAY , Maberly

$569,000 / MLS® Listing #:1201506

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Investors take note! Great commercial Plaza with 2 buildings, gross rent of approximately $60,000 with potential Cap Rate of at LEAST 7! This great plaza includes multiple commercial incomes as well as residential 3 bedroom apartment for rent. The Restaurant and Bar has a cap of 50 people. The commercial kitchen includes a separate walk in fridge and freezer. This property also includes an office space on the mezzanine floor and a big attic used for storage. All units have separate entrances but the first floor units have shared bathroom facilities. Well is spring fed with pump and pressure tank (2011). Property is situated on a large 3.3 acre lot. Owners can run the restaurant & bar or rent it out, restaurant has a large patio, and the apartment is given to the restaurant chef now. Sewer septic system building has an extra electric generator! A must see! 24 hours notice needed for showings. (id:10452)

Property Details

Property Type Retail
Square Feet
Maintenance N/A
Days On Our Website 12
Basement
Kitchens
Lot Dimensions 1.45 ac
Pool N/A
Area Maberly
Air Conditioning N/A
Heating
Exterior
Parking Spaces 50
Sewers N/A
Water N/A

Listing Office: POWER MARKETING REAL ESTATE INC.



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