MLS Public Remarks Prime location in beautiful downtown Jefferson just a block from Rotary Park, this property offers two commercial spaces on the main level plus eight apartments upstairs. All apartments are occupied and easy to rent. Apartments have unique layouts and distinctive features such as skylights, tin ceilings and exposed brick. The commercial tenant, an employment group is leased through July of 2021. This tenant pays all utilities including water, waste, gas and electric. The other commercial tenant was a cafe and restaurant but is currently available for an owner occupant who wants to offset expenses with income from the other units. Per seller, new roof in 2017 and projected gross annual income of $65,000. Very attractive building with 66 feet of Main St. frontage.
Location City
Other Marketing Area
Mailing City Jefferson
C/T/V City
Unit #
Directions Hwy 18 To South On Main St.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 10
Building Gross SqFt 11,042
Net Leasable SqFt 11,042
Year Built 1875
Source for Year Built Appr
Approx Bldg Dimen 0x0
Street Frontage 66
Parking Fees/Mo. $0
Onsite Parking yes
# of Stories 2
Ceiling Height Min 0
Ceiling Height Max 0
Number of Loading Docks 0
Zoning 2-Comm
Est. Total Acres 0.19
Source Of Est Acres PubR
Lot Dimensions 66x124
Owner
Tradename
Land Assessment $36,000
Assessment Year 2019
Net Taxes $13,607
Tax Year 2019
Improvements $567,800
Total Assessment $603,800
Income/Expenses Year $2,019
Gross Operating Income $0
Annual Operating Exp $0
Net Operating Income $0
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
Modified |
07/31/2021 |
0 |
$8,400 |
$0 |
$0 |
0 |
2 |
Modified |
05/31/2020 |
0 |
$6,420 |
$0 |
$0 |
0 |
3 |
Modified |
11/30/2020 |
0 |
$7,140 |
$0 |
$0 |
0 |
Items Included All appliances and any other property used by the seller for operation and maintenance of the building.
Items Excluded Seller's personal property. Tenant's personal property.
Heating/Cooling Central air, Forced air
Water/Waste Municipal sewer, Municipal water
Basement
Fuel Natural gas
Seating Capacity
Type Apartment building, Office, Restaurant/Supper Club, Retail, Service, Tavern
Exterior Treatment
Building Parking 6-10 spaces, Onsite
Roofing All flat
Terms/Option
Miscellaneous
Documents on File Property Condition Report, Restrictions/Covenants
Location Business district
Tenant Pays Air Conditioning, Electric, Heat, Insurance, Janitorial, Sewer, Trash Services, Water
Present Use Apartment building, Office, Service
Licenses
Lease Type Annual, Mixed lease types, Month to month, Multiple years
Occupied by
Sale Includes Lease(s)
Features Display window, Residential unit(s)
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc