Live Work Investment Property
|Catylist Listing ID:
Mixed Use, Street Retail
|Building Size (RSF):
|Gross Building Area:
|Property Use Type:
||Cash to Seller
Overview / Comments
716 S. Shelmore Boulevard, Unit 103 & 203 presents a unique opportunity to own a high-grossing investment property in the vibrant and bustling Shelmore Village, conveniently located just minutes into Mt. Pleasant and across from I'on.
Generating a gross income of $38,700 annually (6 CAP), the unit is occupied by a long-term commercial tenant until June 2023 and a residential tenant until May 2021. Residential income has potential for increase, as tenant was given 15% discount for year rent paid in advance.
The immaculately maintained property boasts hard wood floors on the first floor of the residential unit, granite countertops and stainless steel appliances.
The commercial space, on the ground level, with ample parking has its own private entrance and restroom. Tenant has been in the space since 2013.
Attachments & Media
|Tenant Business Name
|SF of Space Occupied
||first right of refusal to renew
||Been in the space since 2013, very successful.
||42 - Mt.Pleasant South of IOP Connector
|Number of Stories:
|Part of Planned Development?:
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