Description
For sale: A high-potential B-1 zoned commercial bldg generating $3,000 per month in rental income. The tenant has the flexibility to either extend the lease for an addit'l 5 years or vacate in just 3 months, offering a perfect scenario for both investors & owner-operators. 2,596 sq ft single-level brick bldg, low-maintenance, robust Cap Rate, strong return on investment. Versatile B-1 zoning makes it suitable for a variety of uses including retail, office space, or mixed-use development, allowing for diverse business opportunities. Well-maintained w/minimal upkeep required. Prime location, just off Short Lane across from Gloucester High School enhances its attractiveness, providing excellent visibility & accessibility for potential tenants or business operations. Whether you're looking to expand your investment portfolio or establish a new business location, this property offers unmatched flexibility & potential. Own a high-yield, low-maintenance commercial building in a prime area.
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0BEDS
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0.57ACRES
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0BATHS
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01/2 BATHS
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2,596SQFT
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$193$/SQFT
School Ratings & Info
Description
For sale: A high-potential B-1 zoned commercial bldg generating $3,000 per month in rental income. The tenant has the flexibility to either extend the lease for an addit'l 5 years or vacate in just 3 months, offering a perfect scenario for both investors & owner-operators. 2,596 sq ft single-level brick bldg, low-maintenance, robust Cap Rate, strong return on investment. Versatile B-1 zoning makes it suitable for a variety of uses including retail, office space, or mixed-use development, allowing for diverse business opportunities. Well-maintained w/minimal upkeep required. Prime location, just off Short Lane across from Gloucester High School enhances its attractiveness, providing excellent visibility & accessibility for potential tenants or business operations. Whether you're looking to expand your investment portfolio or establish a new business location, this property offers unmatched flexibility & potential. Own a high-yield, low-maintenance commercial building in a prime area.