5095 E US HWY 50

Retail-Commercial for Sale
Catylist Listing ID: 30048509
Property Subtypes: Free-Standing Building, Mixed Use, Vehicle Related
Building Size (RSF): 2,980 SF
Gross Building Area: See Agent
Sale Price: $89,900
Unit Price: $30.17 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 12/8/2017

Overview / Comments

Great investment opportunity! 13 storage units 100% occupied and a retail space & garage that can easily be leased out for additional income. Potential cap rate of over 12%! Great visibility right off of US HWY 50. (5) - 5' x 10' units, (8) - 10' x 15' units, Building 1 (retail) - 960 sq ft, Building 2 (garage) - 520 sq ft. Come take a look!

Additional Details

Nearest MSA: North Vernon
County: Jennings
Tax ID/APN: 400822300027000002
Retail Clientele: General, Business, Other
Year Built: 1970

Demographic Statistics

Proximity: 5 miles
Total Population: 5,443
Median Age: 38.96
Households: 1,993

Contact

Photograph of Listing Agent

Scott Lynch

FC Tucker - Scott Lynch Group
ICREX Member
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