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Attention Savvy Investors... Looking for a new investment to add to your portfolio? Check out this stand- alone, 1-story commercial building with great, stable rental history. The long-standing tenant, Sherwin Williams has leased the building for decades. The property has been well maintained and offers a current rental income of $32,760 per year. Tenant pays water, sewer, electric, heat and reimburses owner for the majority of the property taxes and insurance. Lease with SW extended thru 9/30/2025.
| DAYS ON MARKET | 480 | LAST UPDATED | 9/19/2024 |
|---|---|---|---|
| YEAR BUILT | 1990 | COMMUNITY | Salem City (21713) |
| COUNTY | SALEM | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Feb 12, '24 | $329,000 |
|---|---|
| Feb 12, '24 - Today | $299,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Salem City (21713) |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Oil |
| LOT | 10454 sq ft |
| LOT DIMENSIONS | 64.00 x 165.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 8544 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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