List Price: $3,250,000 | $167 per sq.ft. Commercial
Space type Business w/ Real Estate,Food Service,Free Standing Building Under Contract Listed Friday Jun 9, 2023 | MLS# 4956580


This highly visible and well-known property offers a range of benefits and possibilities for the savvy investor. Included in the sale is the building itself, a fully operational and successful pizza restaurant complete with business assets and furniture, fixtures, and equipment (FF&E). Additionally, three other tenants are already in place, providing immediate rental income. Two of these tenants are tenants-at-will (TAW), while one has a lease in effect until July 2024. Coordinate long-term lease extensions with existing tenants or take advantage of the property's versatility and use it according to your needs and vision. Featuring exceptional visibility and accessibility, with an impressive 11,000 car traffic count. This ensures that your business will receive maximum exposure, attracting a steady stream of potential customers. Additionally, the building, constructed in 1987, boasts modern features that make it suitable for a wide range of uses, providing flexibility for future ventures. The property is strategically located amidst ample public parking, which greatly supports both tenants and customers. The pizza restaurant within the building is a true gem, generating exceptional cash flow. It includes a full bar known as the "Cave," adding a unique and enticing element to the establishment. The restaurant has a proven record of historical performance, and there are ample opportunities for further growth and success under new stewardship.
Building Type : Business | Development | Hospitality | Investment | Office | Opportunity | Retail

Equipment : Smoke Detectr-HrdWrdw/Bat | Sprinkler System

Misc : Fire System

Sale Includes : Equipment | Land/Building/Business

Signage: Adequate
Transport Info: City Street | Near Airport
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1987
Masonry | Steel Frame | Brick Exterior
Price Per SQ.FT. 166.67 No. of Units: 5
Building Size : 19500
Building Type: Business | Development | Hospitality | Investment | Office | Opportunity | Retail

ExteriorRoof: Standing Seam

InteriorSprinkler: Wet.

Land Information

Lot size: 0.22 acres
Zoned: LD
Road Frontage: 371
Road Frontage: 371
No. of Docks | 0.

UtilitiesHeating: Forced Air | Hot Water | Oil
Cooling: Central AC | Mini Split
Electric: 3 Phase
Utilities: Cable
AC % | 100.



Taxes $21,267
Assesed Value Not Reported
Schools

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