Great investment opportunity at 4.8% cap rate. Ground floor, newly renovated space. Leased to Thai Spa paying $2,000/month. 1 of 2 retail spaces in 10 unit elevator building. This unit has individual HVAC, ADA restroom, 40 gallon hot water heater & separate gas, electric & water meters. Very flexible layout could be used for many other ventures, high ceiling for take-out restaurant/cafe or other entrepreneurial pursuits. Owner user may qualify for 10% down SBA loan. HOA approx. $230/month includes insurance, reserves & maintenance. Sold units to tax preparer, physician, endodontist and oral surgeon.
Listed by: Kevin Wong, Golden Coast Properties
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