Remarks

Unlock the potential of this prime commercial property, perfectly positioned in the bustling heart of Fairfield Bay. This promising investment features 7 versatile units, with 3 currently leased by thriving businesses, guaranteeing immediate cash flow. The current owners have proactively enhanced the property, including the installation of brand-new HVAC units for Units D & A. Units G & F boast relatively new HVAC systems, ensuring efficient climate control. While Unit B's HVAC is approaching the end of its lifecycle, proactive planning will ensure uninterrupted operations. Unit C, a vacant space, presents a fantastic opportunity for renovation, allowing you to customize it to suit future tenants' needs. Fiber Optic has been installed which meets the increasing demand for fast and reliable connectivity—a significant advantage for attracting quality tenants. Whether looking to expand your investment portfolio or seeking a high-potential income property, this commercial space in Fairfield Bay offers a blend of immediate return and future growth. See documents for additional information.

Details

MLS#: 24038438
Price: $195,000

Style: Building and Land
Sq Ft: 8248
Year Built: 1977

County: Van Buren
Subdivision: Lakewood
Lot Size: 54014
Tax Fee: 1486.1