C-2 Retail Center with three rented spaces, (2914, 2916, & 2918), that according to the seller, will generate about $65,000 in income with only about $5,500 in operating expenses! You figure the CAP on that! OR maybe a new owner will want to take this building and open a new restaurant, retail center, who knows? We're told the old nursery acreage was recently sold just north of this center on 40th Street and if it is developed as some say it will be, then the possibilities are endless for this building! The middle space is rented as a prep kitchen for a local restaurant and probably easily convertible to run your own restaurant. The possibilities are endless! HURRY before more development is done in this fast converting Arcadia Neighborhood! DON'T MISS OUT!
Brokerage: Keller Williams Realty Biltmore Partners