This commercial building located on West Jackson Street; HWY 136 offers three investment opportunities. The main part of the building is currently in a five year lease with a national company, Advance Auto Parts with two five year options, Advance leases approximately 13,000 square feet of the building and shares 77% of the property taxes and utilities. The current owner of the building now occupies an estimate 3000 square feet of the building and operates Macomb Dry Cleaners, a business that sends out dry cleaning/laundry, this business is also available for sale. Also included with this building is a 2000 square foot apartment with large living space, a very nice kitchen, full bath, laundry, dining area and deck. Currently this property has a total monthly income of $7250 dollars.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.