Average square foot calculated using Size range provided by listing agent.
Description
Please gave 6 hour prior notice to show property so tenants could be aware of showings. Newly Renovated Restaurants with long term leases. Fully operational and beautifully maintained located in a high-traffic area with strong local demand. Favorable leases- Restaurant A: Currently generating $3, 000/month Restaurant B: Currently generating $4, 000/month Total Monthly Income: $7, 000 Annual Income (2025): $84, 000 Projected Increase: Starting next year, both restaurants are expected to increase their monthly contributions by $1, 000 each: Restaurant A (2026): $4, 000/month Restaurant B (2026): $5, 000/month Total Monthly Income (2026): $9, 000 Annual Income (2026): $108, 000 Both restaurants are NNN leases. Owner has responsibility to pay Yearly Tax and Property Insurance. Every other expense- Like- Utilities, Sewer/Water, Cable TV, Trash is paid by tenants. This property comes with a rare bonus—a large private parking lot offering nearly 30 spaces, perfect for attracting steady customer traffic. With its prime Diamond Street location, buyers also have the exciting opportunity to expand and build a new store, unlocking even greater income potential.Show Description
MLS® NumberPACT2106906
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1966
Stories1
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatForced Air, Central, Natural Gas, Electric
A/CCentral A/C, Electric
Heating Fuel
Extras
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