High Cap rate Industrial property! This offering consists of 4 parcels totaling 1.26 acres and 2 separately occupied one story buildings totaling over 12,000 sq ft. Front building is about 5500 sq ft and has been occupied by well established Diamond Transmission for over 12 years. Back building is over 7500 sq ft and is being used by owner. Owner would lease back the back building at an acceptable rate for two years paid in advance. Buyer may continue lease for the front building while occupying rear building which is served by an outdoor dock. Both buildings have 12 ft drive in doors. This property is zoned unlimited I1. Owner will consider leasing the rear building or lease purchase. Bring all offers.
|Address||Distance||Sale date||Sale price|
|822 Cleveland Rd||0.31 mi.||4/6/2017||$205,000|
|154 East Main St||5.47 mi.||10/24/2017||$150,000|
|2863 Waterloo Rd||9.26 mi.||8/17/2017||$198,500|