3,676 Square Foot Retail Space For Sale @ 568 Lakeview Dr

This property consists of two parcels.

This property consist of three buildings all which generate rental income. The front building has 5 suites,3 of which are occupied. Two of the vacant units are un-leasable without some investment.

The second building sits behind the front building and is currently a car mechanic shop.

The third building is a 2 bedroom and 2 bath single family home.

Rental Income is as follows:
Front Building
Suite 1: Vacant Office $250/month
Suite 2: Studio Apts $500/month
Suite 3: 1BR/1BA Apt $300/month
Suite 4: Vacant Studio Apt $150/month
Suite 5: Back Storage: $300/month

Barrell Bldg:
Mechanic Shop: $125/month

Single Family Home
2BR/2 BA: $400

Current monthly income is $1,875 or annually $22,500. The gross potential income is $2,275/month or $27,300/annually.

The current leases are month-to-month though the tenants have been there for a considerable time. This property needs more attention and more management. This would be an excellent property for a do-it-yourself type investor.