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Commercial Real Estate Recession Proof
Location: United States -> North Carolina -> Raleigh
Industry: Real Estate > Other Real Estate




Business Summary

Commercial all brick 3,200 sq ft building on 1.05 ac corner lot in busy suburb of Recession Proof Raleigh, North Carolina. Current occupant is moving to new location. Low maintenance on new roof and newly painted inside and out. Low utilities. Zoned R10 and is currently used as church, but could be used as government building, museum, doctor's office or counseling offices. Easily subdivided. Parking for up to 50 cars; garage and storage on site. Low tax base. Rents can be up to $3,000 - 4,000 per month. Asking $495,000 (under actual appraisal). Possible partial financing for right buyer. May include chairs, desks, tables, sound system if desired. Email or call John 919-601-4398 for details on this Commercial Real Estate for sale and the key to your new facility. May neg for fast close!


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $48,000
Cash Flow:   $24,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1964
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Not needed.
Reason For Selling:  Relocating to different area close by.

Photos

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Commercial Real Estate Recession Proof Photo 1 Commercial Real Estate Recession Proof Photo 2




Print Listing Id: 70094179
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Related Searches: Commercial and Residential Real Estate Brokers  >  Mortgage Brokers  >  Title and Escrow  >  Other Real Estate  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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