For Sale
For Sale
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Year Built
1948
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Total Building Size
12,197 RSF
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Overview
Beautiful Lake City Commercial Property with highest and best use being development! Parcel being rezoned by City from NC45 to NC55. 10-minute drive to UW! Great central location! Potential Views to the East. Walking distance to amenities. Estimated 70-80 SEDO units. Great NNN cashflow in place while you develop. $3500 a month with 3% increases, currently on 2-year lease with 2-year option. Please do not disturb tenants, property easy to see if you drive by.
Offers: Seller will review offers on Offer Review Date (may review/accept sooner) - 08/08/2018
Property Details
Beautiful Lake City Commercial Property with highest and best use being development! Parcel being rezoned by City from NC45 to NC55. 10-minute drive to UW! Great central location! Potential Views to the East. Walking distance to amenities. Estimated 70-80 SEDO units. Great NNN cashflow in place while you develop. $3500 a month with 3% increases, currently on 2-year lease with 2-year option. Please do not disturb tenants, property easy to see if you drive by.
Offers: Seller will review offers on Offer Review Date (may review/accept sooner) - 08/08/2018
- Property TypeLand
- Submarket
- Year Built1948
- Sale Price$1,795,000
- Total Building Size12,197RSF
- Total Acres0.28
- Number of Floors1
- Number of Buildings1
- Zoning140
- Property ID175464