Unique opportunity! Income producing property. Featuring a restaurant/office building having tile floors, open meeting area, separate office room, 4 full baths and two half baths, kitchen area, and full basement. Also attached are two one-bedroom apartments, each having a full bath. Currently rented $550 and $600 a month. Each have a laundry area and a one-car garage. Three separate gas furnaces, central air cond., public water and sewer. Tenants pay electric. Plus, 16-unit storage lockers, fully rented, some long term, rents avg. $60 month. Plus, a 3-bay shop building with drive-thru bays, 6 overhead doors, electric. All is situated on a large corner lot comprised of two tax parcels. Total lot size 3.43 acres having 271’ frontage on N. River Rd. and 407’ frontage on Edison Rd. Current taxes $3,658 per year under Homestead. Property has loads to offer with large fenced rear lot with good access. Buildings will be open at 11:30 AM on auction day.
Online bidding begins Thursday, May 13, 2021 at 1:00 PM.
Real Estate Terms
10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Property to be sold as an Entirety and not to be offered in separate parcels.