Office in Historic Downtown
$385,000
346 North Main Street, Poplar Bluff, MO 63901
For Sale
Office
Building
Active
Last Updated: 05/15/2024
11
Cap Rate
43,297.32
NOI
Details:
Cap Rate: 11%
NOI: $43,297.32
Building Size: 2,584 sqft
Lot Area: 6,970 sqft
Occupancy: 50%
Class: B
Lease Type: Triple Net
Lease Expire Year: 12/01/2025
Description:
Optimal investment opportunity! Start or add to your commercial portfolio with a property that is already profitable! Solid current tenant in place until midnight, Dec 1st 2025. The new owner can negotiate having the basement level on a separate tenant lease once the current lease is up. The basement level does have its own entrance/exit. Both the main and basement level are handicap accessible. The main level has a lobby, front office, 4 offices, a kitchenette and half bath. The full basement level has a small lobby, four offices, conference room, full kitchen and full bathroom. Building is turn key!
Documents:
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OM__1_.pdf
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Location
Gallery
