Remarks

Commercial Real Estate Professionals, Inc and Mark Allen are pleased to offer this Recently RENOVATED Retail Strip Center For Sale! This Renovated Shopping Center has NEW HVAC units, NEW Roof plus Awnings. Awnings and Gutter system are NEW, Most of the Electrical is NEW, and all firewalls have been brought up to date. Nearly Half of the Center Front Area has been Replaced and Redone as NEW. The center is LEASED with Many Long-Time Tenant Occupants!!
REDUCED $250,000 For IMMEDIATE SALE!! The Sellers said to REDUCE the Price by $250,000 to their BOTTOM-LINE BEST PRICE IMMEDIATELY for the 1st Buyer to Accept!!
The Longtime Childcare Tenant is going to have a Brand-New Lease INCREASING their Rent $2 MORE per square foot for Year #1, Adding a $500 per month CAM Fee, with an Annual Increase of $1 per square foot each year going forward, and becoming a NNN Lease in Year #2.
The Center Consists of 6 UNITS. Each unit has Individual Meters for Water and Electric. Owners are Managing the Center. There is additional Land for Expansion and Further Development for another 20,000 SF or possibly even a Car Wash Site!!
ABSOLUTELY INCREDIBLE INVESTMENT OPPORTUNITY FOR A RENOVATED SHOPPING CENTER AT A HUGELY DISCOUNTED PRICE!!

Details

MLS#: O6298742
Price: $2,500,000

Style: Retail
Sq Ft: 26130
Year Built: 1973

County: Lake
Subdivision: UMATILLA GILES & HAUCK
Tax Fee: 24382.82