Commercial Income Property Generates Profits
Location Wisconsin,United States
Asking Price Range < $250K
Gross Revenues $19800
Net Profit / Cash Flow $19800
Cash Flow Type EBITDA
Seller Finance No
Year Established 1969
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description This Southeast Wisconsin commercial building at 1045 Washington Ave, Racine, WI is all brick construction and has a long term triple net lease with General Parts Distribution LLC operating a CarQuest Auto Parts store. The lease option runs through 2025.
Approximately 4,150 square foot standalone building is located in a high traffic corridor of downtown Racine. The building is in very good condition and was constructed around 1969. The interior space is divided into 25% retail storefront and 75% storage and office. The mechanicals include a 1 year old heating boiler and a newer roof 4 years old.
Click Here To Contact Seller
|
|