Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1982
Sq.Footage
12,700
Fantastic, cash flowing investment with huge upside. Units are currently leased well below market rates giving you the opportunity to increase lease rates as units turn. (If entire building is leased at $19 PSF yearly cash flow would more than double.) Professional space in the bustling mall area of Fayetteville. Suites 1 and 2 are owner occupied, owner will vacate in early Summer of 2025. All other suites are leased NNN (except 500sqft) Roof and HVAC are newer. The building has been updated over the years. Building currently receives a $60K per year tax deduction from church lease (units 3-5). *DO NOT DISTURB TENANTS*
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Redwood Siding
-
Pool
No
Area & Lot
-
Lot Features
City Lot
-
Lot Size(acres)
1.05
-
Property Type
Commercial Sale
Price
-
Sales Price
$2,400,000
-
Tax Amount
13768.0
-
Zoning
Commercial
-
Sq. Footage
12, 700
-
Price/SqFt
$188
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
N/A
-
Water Source
Public
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Location
County
Washington
Elementary School
Middle School
High School
Listing Courtesy of Dana McClelland , Blue Canopy Realty
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SheryRagsdale
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