





Description
POST AUCTION: CALL OFFICE TO BUY NOW! ATTENTION INVESTORS HUGE INDUSTRIAL OPPORTUNITY! Investment Highlights: - 10,000 square foot, multi-tenant industrial building - 12,000 square foot fenced open lot - Building can be subdivided to accommodate more tenants and increase cash flow - Large inter city site for future development - Zoning is one of the highest industrial uses - Potential Strong Cash Flow The 10,000 square foot building was constructed in 1960 of cinder block, steel and siding. The building consists of 3 contiguous buildings that can be rented separately or as one unit. The Property sits on a 22,000 square foot lot. The Property, situated in the Woodmere neighborhood (Within the Pimlico Area), is in the middle of a primarily commercial district with access to main arteries, public transportation and a large potential customer base for potential tenants. Development projects have been springing up in close proximity to the Property making this a unique opportunity to acquire assets like 5225 Fairlawn for mid-size future development opportunities and significant cash flow potential in the short term. Property is Currently Occupied by Non-Paying Tenants. Buyer is purchasing property subject to the existing occupants of record. Purchaser is responsible for obtaining possession of property. 10% Buyer?s Premium will be added to the high Bid. $20,000 Deposit must be tendered at the time of sale. Deposit to Be increased to 10% of Total Purchase Price Within 72 Hours. 2.5% Broker Co-Op. Agents Register Your Clients. Please Visit Ashland Auction?s website for more details. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneer s office.
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 18th January, 2021 12:09 AM