About this home
This is a very nice quality fully leased 4,488 +/- Sq. Ft. free-standing commercial investment property with two well-established tenants. The lefthand side is 3,238 +/- Sq. Ft. and the right-hand-side is 1,250 +/- Sq. Ft. An NDA will be required to share financials as well as any lease details. The property is priced well below assessed value to offer an exceptional value on a per square foot basis. Both commercial spaces have been remodeled in recent years. Both tenants to remain in place long term.
Listing last checked: Listing updated:
Listed by Listing Agent · Butts Commercial Brokers · MLS #1677730
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Details at a glance
Interior3 property facts
- Heating
- Propane, Zoned
- Cooling
- Other
- Flooring
- Concrete, Laminate
Building4 property facts
- Style
- Investment
- Year built
- 2003
- Foundation
- Slab
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 1.37 acres
- Water
- Public
- Sewer
- Private Sewer, Septic Tank
- Zoning
- Inner Corridor
Financial2 property facts
- Annual taxes
- $9,888
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $900,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,375 / monthAdjust
- Principal & interest
- $4,551
- Property tax
- $824
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $9,888. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 224 Portland Road
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