Remarks

Rare investment opportunity! Income producing portfolio featuring 9 commercial properties and 1 residential rental home. All within a 4 mile radius, in Perry. 7 of the 9 commercial properties are located in Historic Downtown Perry, with all but one property (108 Main St.) being tenant occupied. Only 3 of the 10 total properties are completely vacant, the other 7 have solid tenants with current leases in place, ideal for the investor. Vacant properties include 108 Main Street (Downtown Perry building with 2,350 SF), 2016 U.S. Highway 221 (5,466 SF warehouse and 2.93 acres), and 118 Park Street (8,445 SF former theater). 110 Main St. offers 3,150 SF is currently occupied by an Arcade. 808 Main Street is an 8-unit efficiency apartment complex with all new updates, fronting U.S. Highway 19 (Byron Butler Parkway), one unit is currently vacant. 804 Green St. is a historic building (previously Triangle Cleaners) and is situated at the corner of U.S. Highway 19 (Byron Butler Parkway), providing 2,341 SF of partially updated space. The second floor of 804 Green Street has been leased and is being finished out as an apartment. 113 Green Street is 3,550 SF of prime hospitality/storefront space with a fantastic, sunny courtyard overlooking the Courthouse Square. It also features a second floor that could be completed and utilized as an owner office or additional storage, the entire building is currently leased. 115 Green offers a fully renovated and turnkey ice cream shop/cafe with 2,545 SF. The largest of the Historic Downtown Perry buildings is 121 Green Street with an impressive 7,253 SF of updated retail, office, and residential efficiency apartment spaces, all currently tenant occupied. 118 Park Street, located directly behind the Taylor Square Shopping Center, and across from Key Chevrolet, is the former Perry movie theater, providing 8,445 SF and just under an acre (.89) of land. In need of renovation but offers potential in a great, convenient location. The residential rental is also located Downtown at 603 Faulkner Street and is within walking distance to City parks, shops, and cafes, and is currently leased. For full details, please see each individual property listing in MLS. Properties are being offered as an investment portfolio and independently. All lease and financial information will be provided to well qualified buyers, NDA required. Agents- proof of funds or financing pre-approval letter will be required to schedule tours. All offers must be in writing.

Details

MLS#: 379527
Price: $1,700,000

Style: Business

County: Taylor