
Description
OLD THEATER -VACANT COMMERCIAL SPACE. Residential units (8@1BR and 3@2BR) are never vacant long. Cash flows nicely as-is but upside potential is huge! Could use plenty of updating, but many units have been redone. Licensee interest. 48 hour notice. 1st showing 1 unit, basements, hallways, exterior and commercial space. Required As-is Addendum; after acceptance Buyer will have 7 days to inspect all units & cancel contract, thereafter "As-is" sale. 315 S Main= one tax parcel but 2 "buildings" - Zwiefel Bldg (theater) and "The Blanchardville." 3 residential units access from back, 8 access from front. 2 basements (mech under theater & flood damaged apt/storage under Blanchardville). Priced at 9% cap rate.
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0BEDS
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0.3ACRES
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0BATHS
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01/2 BATHS
School Information
Description
OLD THEATER -VACANT COMMERCIAL SPACE. Residential units (8@1BR and 3@2BR) are never vacant long. Cash flows nicely as-is but upside potential is huge! Could use plenty of updating, but many units have been redone. Licensee interest. 48 hour notice. 1st showing 1 unit, basements, hallways, exterior and commercial space. Required As-is Addendum; after acceptance Buyer will have 7 days to inspect all units & cancel contract, thereafter "As-is" sale. 315 S Main= one tax parcel but 2 "buildings" - Zwiefel Bldg (theater) and "The Blanchardville." 3 residential units access from back, 8 access from front. 2 basements (mech under theater & flood damaged apt/storage under Blanchardville). Priced at 9% cap rate.
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