Cap Rate 7.3% Excellent Visibility Retail Building For Sale

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30664870
Property Subtypes: Day Care Facility, Mixed Use, Restaurant, Street Retail, Other
Status: Pending
Building Size (RSF): 3,360 SF
Gross Building Area: See Agent
Gross Land Area: 3,600 SF
Sale Price: $99,000
Unit Price: $29.46 PSF
Property Use Type: Investment, Business
Usable Size (USF): 3,360 SF
Sale Terms: Cash to Seller
Cap Rate: 7.3%
Last Updated: 4/19/2021

Overview / Comments

Historic building with excellent visibility off highway 81 in downtown York. Ample parking. Multiple uses. Shared wall with 419 N Grant Ave.
Cap rate 7.3%. Tenant paid water, trash. Gross rent: 9,000.


Finance Data Year 2020
Real Estate Taxes - Annual($) $1,249 (Annual)

Additional Details

Nearest MSA: Grand Island
County: York
Tax ID/APN: 930011465
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: N Lincoln Ave
Highway Access: Highway 81
Area Description: Located in downtown York with excellent traffic, visibility,
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,360 SF
Year Built: 1920
Roof Type: Flat
Total Parking Spaces: 8
Parking Type: Surface
Sprinklers: None
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 14 BLK 68 OT CITY OF YORK

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,874 8,518 8,518
Median Age: 33.67 39.28 39.28
Households: 1,211 3,436 3,436


Photograph of Listing Agent

Cindi Nickel

Coldwell Banker NHS Real Estate
MRCIE Member
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