- For Sale $229,000
- Property Type Retail - Restaurant
- Property Size 5,800 SF
- Lot Size 0.14 Acre
- Cap Rate % 13
- NOI / YR $30,500.00
- Date Updated Apr 28, 2026
Description
For sale- Income producing stand-alone mixed use building. The building is composed of a street level restaurant/bar (currently vacant), and an upper level with 2 apartments: one bed/one bath, two bed/one bath. All utilities including water are separated. Features include a fully operating commercial kitchen, newer roof, well maintained mechanicals, A/C, basement, easy access on hard corner and to interchanges. All FF&E are included. Potential to obtain the adjacent city owned lot directly to the west; additional parking. Ideal for an owner/operator to earn passive income or an investor to convert to multifamily and/ or retail/services. Simple Pro-Forma: Income - $37,500 Expenses - $7,000 NOI - $30,500.
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Contacts
Hoff & Leigh
Location
Hoff & Leigh