2525 Auburn St, Rockford, IL 61101
2525 Auburn St, Rockford, IL 61101
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Commercial property for sale
- Description
- Out of town owner wants to sell building and tenant would like to sell business and retire.Current tenant pays $1545 per month (includes taxes)Insurance cost is $1,863 per yearTenant will sell all equipment & business for $53,000 Excluding yogurt machines.Tenant has recently signed 5 year lease w/ 3 year option12% cap rate for investor Building price details: $115,000.
- Exterior Features
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Parking: Yes Parking Spaces: 20 Parking Type: Surface - Map Locations
- Contact info
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Kenneth Newsome815-494-1099 [Office]RE/MAX PROPERTY SOURCE
- Note
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- Property Details
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Building Name: gyros restaurant Property Type: Retail Use Types: Free-Standing Building, Restaurant Status: Available Price: $ 82 +/SF Number of Stories: 1 MSA: Rockford Zoning: COMMERCIAL GENERAL Buildings: 1 Tenancy: Single Tenant Construction: Block Terms: Cash to Seller Added: 01/24/2013 Last Update: 08/03/2013