Turn-key, Fully Leased Property With Immediate Cash Flow

Asking Price$915,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.13669

Price per Sq. Ft.Not Disclosed

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Turn-key, Fully Leased Property With Immediate Cash Flow


Asking Price$915,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.13669

Price per Sq. Ft.Not Disclosed

Property Description
Turn-key, Fully Leased Property With Immediate Cash Flow
An exceptional Commercial investment opportunity in the heart of Newport, a turn-key, fully leased property offering immediate cash flow and strong long-term stability. The offering includes a 13,669 sq ft brick commercial building situated on a generous 4.19-acre lot. The property boasts multiple commercial tenants and a rented one-bedroom apartment, ensuring diverse income streams from day one. Constructed in 1950 and extensively remodeled in 1992, this property has seen significant recent capital improvements. These upgrades include a new roof and oil tanks, a completely new heating system, updated rooftop HVAC units (for both heating and air conditioning), energy-efficient LED lighting, and substantial electrical enhancements. Additionally, many new windows and doors have been installed, and new flooring has been laid in the lobby and west wing, further enhancing its value and appeal. Key features of this property include ample paved parking, excellent visibility from a prime location, and a strong, proven tenant history. This is an ideal low-maintenance investment for owner-users or investors seeking a stable, income-producing commercial asset in the desirable Upper Valley region. In-person group tours will be provided on Saturdays and Sundays upon request.
Listing Info
ID:
2439097
Listing Views:
59

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Property Listed by: Coldwell Banker Lifestyles Coldwell Banker Lifestyles

Listing ID: 2439097 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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