Catylist ID: #30718928
McCurdy Absolute Auction - Thursday, April 8th, 2021 at 2:30 PM
Retail-Commercial for Sale
|Catylist Listing ID:||30718928|
|Property Subtypes:||Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Other|
|Building Size (RSF):||8,052 SF|
|Gross Land Area:||0.40 - 0.50 Acres|
|Sale Price:||See Agent|
|Property Use Type:||Vacant/Owner-User|
|Usable Size (USF):||8,052 SF|
|Up For Auction:||Yes|
|Average Occupancy Rate:||75|
Overview / Comments
ONLINE ONLY!!! NO MINIMUM, NO RESERVE!!! Don't miss out on this rare opportunity to own commercial & residential properties on E. Central Ave. These 4 properties are selling as one, regardless of price. They are located just west of Central and Hillside, a few streets from the popular Revolutsia shopping space. This up-and-coming area creates the perfect investment opportunity with a total annual income of $13,800, with the potential for more!
2301 & 2303 E. Central Ave
2 buildings on 1 lot with additional parking
(Unit 2301) 1,056 sq. ft. commercial building, currently being used for residential - 5-year step lease currently paying $50 per month. See property information packet for lease.
(Unit 2303) 1,369 sq. ft. 3-bedroom, 1.5-bathroom home that is currently rented for $600 per month with tenant paying gas and electric, owner pays water and sewer. Tenant may be relocating.
2307 E. Central Ave
2,587 sq. ft. building with retail and warehouse spaces
Retail store with a large storefront and half bathroom, has central heat and air - was previously rented for $500 per month
Unfinished warehouse space with 1 overhead door, concrete floors. 5-year step lease currently paying $200 per month. See property information packet for lease. No heat or air currently, but there is a suspended gas furnace not in use. Functionality of furnace unknown.
Seller believes the two units have shared utilities.
2309 E. Central Ave
3,040 sq. ft. commercial building
Main level - automotive tenant paying $300 per month, MTM with no written lease. Includes 2 bays and 1 overhead door. Currently only utility hooked up is electricity. Flat room and some composition with concrete brick construction.
Upstairs - 2 former apartments in need of total rehabilitation. Currently not habitable or safe for entry.
448 N. Spruce Ave
0.09 +/- vacant lot zoned Limited Commercial
Formerly had a residential structure that had a fire and the site has been cleared.
Attachments & Media
|Largest Nearby Street:||Central|
|Feet of Frontage:||86|
|Total Number of Buildings:||4|
|Number of Stories:||2|
|Typical SF / Floor:||2,000 SF|
|Total Parking Spaces:||10|
|Parking Description:||Paved Parking|
|Heat Type:||Natural Gas|
|Zoning Description:||Limited Commercial|
|Legal Description:||S 65FT LOTS 1-2 & S 65FT OF W 5FT LOT 3 SMYTH'S SUB. - N 70 FT LOTS 1-2 & W 5 FT OF N 70 FT LOT 3 SMYTH'S SUB. - E 20 FT LOT 3 SMYTH'S SUB. - LOTS 4-5 SMYTH'S SUB.|
|Proximity:||1 mile||3 miles||5 miles|
Megan Rae NiedensMcCurdy Auction, LLC
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