INVESTMENT HIGHLIGHTS
- Fully Equipped Fast Food Restaurant and Ice Cream Parlor
- 1.2 acre lot 50 car parking
- Free Standing Block and Brick 3662 sq ft
EXECUTIVE SUMMARY
Restaurant, free-standing, high quality, block and brick construction, drive-through, fully equipped, turnkey. Owner is selling the building fully equipped as a fast food restaurant & ice cream destination. Large lot, 50 car parking, playground at rear and rare poll sign out front. 1 block from Transit Road. The building is actually 3662 sq ft on 1.2 acres. Highest and best use is a restaurant however the building can also be retail, office or medical. Note: Sale or lease is for Land , Building, fixtures and equipment. Former Anderson’s Roast Beef and Custard Franchise (Built as), Switched to current ‘Ales Sanviches’ after the franchise term ended.
THE OFFERING
| Price | $549,000 | Lot Size | 1.20 AC |
| Price Per SF | $178 | Gross Leasable Area | 3,080 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Tenancy | Single | |
| Building Class | B | Parking Ratio | 10/1,000 SF |
TAXES & OPERATING EXPENSES (ACTUAL – 2020) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes | $15,195 | $4.93 |
| Operating Expenses | – | – |
| Total Expenses | $15,195 | $4.93 |
Posted by LoopNet
