Category: News Tags: positive cash flow partial owner financing commercial property jamestown ny new york real estate buyer seller owner quick sale won't last | Posted by bluelightblitz 1175 days ago
Positive Cash Flow, Partial Owner Financing, Won't Last! Owner Financing Available!

60,000 sq feet prime downtown real estate
Positive Cash Flow
Great tenant mix, several government offices, solid local businesses offer secure income.
Recently certified kitchen approved for banquets and catering. Great potential to increase income!
Two Banquet Rooms, one seats 150, one seats 350.
Theatre, with stage, sound, and seating for 700. (great for community theatre, church, imagination, or training center).
New tenant just signed lease.
3,000 sq. ft. partially finished space offers additional income potential.
The parking lot is 55 feet wide by 115 feet long and there are 25 parking spots for tenants and visitors.
Many recent upgrades and improvements done annually since inception.
Appraised at $1,200,000.00
Appraisal based on current income: $820,000.00
Motivated Seller
Price
$775,000.00

Financing Options

Cash
$600,000 or assume personal guarantee on current loan and second for $185,000.
(Could include transfer of stock in Corp.)
Secure financing from your lender of preference.

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