This is a great opportunity to owner-occupy or operate as pure investment.
Property consists of:
- Ground level commercial unit: built out as a high end spa, featuring private rooms, showers and bathrooms, with high end finishes throughout. Currently vacant; projected to make $45,000 per year.
- Four apartments with month-to-month leases, which are below market value
1 BR $1,100 - 1 BR $800 - 2 BR $600 - 2 BR Vacant
With projected rents, expect an NOI of $90-100k.
Zoned: DC, which permits many retail and commercial uses.
Ground floor retail for lease - Move in and operate on day one! This space has been built out to be a high end luxury spa. Private rooms, controlled lighting, built in sound system, security cameras along with many other features. This space is ready to be operated as it sits and would require minimum additional build out.