1494 Route 3A is available for SALE. There are two well-maintained, two-story buildings on 9.24 Acres.
Total Revenue – $167.245
NOI – $85,070
Building 1 is 7506sf and Building 2 is 7524sf. There is paved parking for approx. 40 cars on site.
Both buildings are fully occupied, apart from one 555sf vacant unit in Bldg. 1.
Bldg. 1 currently has 5 Tenants. Bldg. 2 has 2 Tenants which includes the Seller. The Seller occupies approximately 4800sf of the building and has a lease in place until 12/31/29. The Seller installed an overhead drive-in door to an open work area at the rear of bldg. 2.
There is a billboard on the highway facing 93 north. This is a long-term lease that is paid to the Owner monthly and does not expire until 2045. There are also plans and approvals available for an 8400sf garage with the possibility of overhead doors.
Property Disclaimer
The information contained herein is from sources deemed reliable, but is not guaranteed by Premiere Properties, Inc. (PPI). PPI assumes no responsibility for matters legal in character, nor does it render an opinion as to the title, which is assumed to be good. All data is subject to change of price, omissions, error, or other conditions or withdrawals without notice. PPI is the acting Seller’s/Lessor’s agent in the marketing of this property.
