The property is zoned cc - commercial. the zoning allows most commercial & industrial uses like including outdoor storage, light manufacturing/distribution, office park, brewery, and more.
the property can make a great investment as well. it is currently leased to 30 month-to-month tenants for outdoor parking and storage and landscaping equipment storage. property is grossing $20,000 per month, netting $13,000 per month. this strong income will provide an annual net income of $156,000. this noi will yield an investor a strong 8.43% capitalization rate at a full asking price.
seller financing is available
seller financing is available to a qualified buyer with a 50% downpayment.
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