JUST REDUCED $75,000! Attention Savvy Investors... Check out this rare-find property with (3) commercial buildings situated on about 1.7 +/- acres in Salem City. All three buildings are rented to long -standing tenants and the total rental income is nearly $59,000 per year. The main building is currently used as an Antique Mall/Consignment retail store and is approximately 11,403 +/- sf. This building has an alarm system and monitored fire alarm system. The second building is a block building (1824 +/- sf) with overhead doors, 3-phase electric and is currently used as a machine shop. The rear building is a block building (5000 +/-sf) and is currently used as a print shop with an open layout and offices. The monthly rental income is $1800.00 (Antique Mall/Consignment Store), $700.00 (Machine Shop) and $2416.66 for the print shop. "Don't wait for the right opportunity: create it." Invest in Your Future Today!
Electric Available, Natural Gas Available, Cable TV Available, Sewer Available, Water Available
Central A/C, Ceiling Fan(s), Wall Unit
Warner Real Estate & Auction Company
Date | Details | Price | Change |
---|---|---|---|
Price Increased | $399,900 | $900 (0.23%) | |
Price Reduced | $399,000 | $26,000 (6.12%) | |
Price Reduced (from $499,000) | $425,000 | $74,000 (14.83%) |
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Listing information last updated on January 19th, 2025 at 2:45pm CST.