The subject property consists of two concurrent properties totaling 2200 square feet of leasable space sitting on a large 16,615 square foot lot. Great C-3 zoning allows many future uses perfect for a development project. Properties sit directly on Johnson St. There are 5 residential units, all leased. The current net income $42,319 annually. This provides an investor with a very strong above market Capitalization rate of 10.88%. Please see attached offering package for details
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
