Description of the business for sale
Solid investment property with high net income. Seasoned tenant (bank) with year to year lease. The building is centrally located on Broadway in Monticello and is well maintained and in good condition. Great cash flow with over 12% cap rate. Call agent or fax letter of confidentiality for lease details.
Description of the facilities
LAND AREA: 22 x 165
SIZE OF BUILDING: 2,265 SF
TYPE OF BUILDING: Frame
YEAR BUILT: 1910
ZONING: Commercial
UTILITIES: City Services
HEATING: Oil Hot Water Boiler
AIR CONDITIONING: Central Air
REAL ESTATE TAXES: $3,036
NET INCOME: $21,817/Year