Description
Presenting an exceptional investment opportunity: a high-income producing property with substantial value-add potential. The Consignment Store, a longstanding tenant, has maintained occupancy on a month-to-month basis for over five years. Occupying the food stand is The Italian Lady of Pinetop, who has been operating from this location for several years and is currently on their second lease extension. Additionally, a five-unit apartment complex is currently leased to four tenants, with a vacancy in the studio unit. The MTM status of the Consignment Store could provide an opportunity for an owner user or value add.
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0BEDS
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0.31ACRES
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0BATHS
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01/2 BATHS
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6,410SQFT
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$101$/SQFT
School Ratings & Info
Description
Presenting an exceptional investment opportunity: a high-income producing property with substantial value-add potential. The Consignment Store, a longstanding tenant, has maintained occupancy on a month-to-month basis for over five years. Occupying the food stand is The Italian Lady of Pinetop, who has been operating from this location for several years and is currently on their second lease extension. Additionally, a five-unit apartment complex is currently leased to four tenants, with a vacancy in the studio unit. The MTM status of the Consignment Store could provide an opportunity for an owner user or value add.
© 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2024-09-14T09:13:35.483.