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966 W South Airport Rd 7 380 pi² 100% Loué Commerce de détail Immeuble Traverse City, MI 49686 779 632 $ CAD (105,64 $ CAD/pi²) 7,70% Taux de capitalisation

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RÉSUMÉ DE L'ANNONCE

2 tenant investment property on busy South Airport Road near the Traverse City airport. Leases are short-term, so that a buyer could use the property if they want to, however the tenants would like to keep renting, so longer term leases are also a possibility for investors. Current leases are below market providing upside potential for a buyer. Tenants include Boyd Sewing and Top Comics. The Boyd Sewing space has a retail sales area, classroom, loft for additional storage. and living quarters on the second floor with kitchen and full bathroom. Priced to sell at a 7.7% cap rate (based on current rents which are very low and could be raised) and well below assessor's true cash value.