$87000 FS: Leased 5-Unit Commercial Office Building -NEWLY RENOVATED- (Swanton, OH)

jserr68594

Forum Member
Up for sale is a newly renovated 3432 SqFt Office/Retail/Storage building in beautiful downtown Swanton, Ohio. This building features 5 Units: 3 Office/Retail & 2 Storage Units. There are also 2 public restrooms, a landscaped courtyard, forced air heat, central A/C, City Water/Sewer, and plentiful parking. The building is 100% finished and no work is needed, just collect the checks! Building appraised @ $120,700 be renovations!

Income/Expense Projections:

Income:
Commercial Unit A: $295/Mo. (Leased)
Commercial Unit B: $275/Mo. (For Lease)
Commercial Unit C: $450/Mo. (Leased)
Storage Unit A: $40/Mo. (Leased)
Storage Unit B: $50/Mo. (Leased)

Total Projected Monthy Income (Gross): $1,110.00
Total Projected Yearly Income (Gross): $13,320.00

Expenses:
12 Months Tax: $2500.54
Insurance: $511.00
Utilities -Paid By Tenants-

Total Projected Yearly Expenses: $3011.54

NET YEARLY INCOME: $10,308.46

PICTURES:
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Please call or email with any questions.

Justin
[email protected]
419-350-1624
 
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