Opportunity knocks. Profitable hardware store and assemblage of buildings in the heart of Otisville, which is a growing area of the County. Real estate is being sold which is now an existing hardware store leased to Otisville Hardware and presently has franchises of True Value, Do it Best and Benjamin Moore. Inventory is not included nor are franchises. Financials available upon request. Solar on roof which cost $110,000 is fully paid for and included in sale. The main store is 7,296 sf with an accessory warehouse next door with 2,400 sf. The multi-family is 1,856 sf and has two one bed, one bath apartments, fully leased. In the rear of the residential lot is a greenhouse and is leased by the hardware store. Currently the residential rent roll is $12,000 per year, however these are under market rents. Pro-Forma rent roll is estimated at $24,000 annually. Another option is to purchase the business and lease the main store and warehouse. Seller would consider a 1-2 year leaseback.
All data and information set forth on this website regarding real property, for sale, purchase, rental and/or financing, are from sources regarded as reliable. No warranties are made as to the accuracy of any descriptions and/or other details and such information is subject to errors, omissions, changes of price, tenancies, commissions, prior sales, leases or financing, or withdrawal without notice. Square footages are approximate and may be verified by consulting a professional architect or engineer. All rights as to photographs and graphics are reserved to Leigh Quintana, Keller Williams or Individual Agents. Customers should seek advice and proper legal counsel with respect to all closing costs, timing considerations, financing options, default provisions, zoning implications, renovation considerations, and appropriate transfer taxes. Keller Williams represents and has a fiduciary duty to those sellers with respect to Keller Williams exclusives. Keller Williams may act as a dual agent if another agent of Keller Williams represents the buyer or tenant. Keller Williams represents the buyer or tenant when showing the exclusive listings of other real estate brokerage firms.
