Commercial Real Estate Recession Proof

Listing ID: 70094179

Listing Title: Commercial Real Estate Recession Proof

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Industry: Real Estate

Industry Segment: Other Real Estate

Country: United States

State / Province: North Carolina


City: Raleigh

Asking Price Range: $250K - $500K

Gross Revenues: $48,000

Cash Flow: $24,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1964

Number of Employees: 1 - 3

Business Description:
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!

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