AUCTION - REAL ESTATE Investment Property

AUCTION - REAL ESTATE Investment Property

MEGA AUCTION PROPERTY - Commercial Real Estate - Downtown Lebanon. Fully occupied and outstanding location.
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MEGA AUCTION PROPERTY 

Property Inspection: One hour prior to auction. Or call for private appointment.

 *Click on the documents tab at the top right to get a list of the kitchen equipment that is sold with the property.

REAL ESTATE ONLY

INCREDIBLE LOCATION - Downtown Lebanon

Great Investment!

Fully occupied

Two Commercial Business Storefronts

Restaurant and Boutique 

Photographer Studio located above storefronts

Additional Apartment (One bedroom) adjoined to studio

Total Taxes - Approx. $3,800

Building square footage - Approx. 8,900 sq. feet

0.17 acres

Built in 1943

Masonry/Brick Construction

Rubber Roof

Owner is responsible for Gas Heat, Sewer/Trash, Water

 

Rents are as follows per month:

Restaurant - $900

Boutique - $795

Photographer - $1,500

Apartment - $400


TERMS: A 10% deposit will be collected on the day of the auction with the balance to be paid in 60 days. A three percent buyer's premium will be collected on the final purchase price.