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Listed by Grace Minder • GRACE MINDER REALTY INC.
$ 1,500,000
Est. payment | /mo
22,186 SqFt
$ 1,500,000
Est. payment | /mo
22,186 SqFt
Key Details
Property Type Commercial
Sub Type WAREHOUSE
Listing Status Active
Purchase Type For Sale
Square Footage 22,186 sqft
Price per Sqft $67
Subdivision Ak
MLS Listing ID 158428
Year Built 1950
Lot Size 0.880 Acres
Acres 0.88
Property Sub-Type WAREHOUSE
Property Description
What an opportunity! Great location... This current property has a Current Triple Net Lease of $300,000 remaining. Motion Flow Control Products, Inc. has rented this property for the last 12 years. They have 1 more year remaining at $25,000 a month plus all Utilities and Expense. Triple Net to new buyer until the lease expires Sept. 30, 2026. So immediate income of $300,000 over the next year. The land is leased land from the Rail Road. Mezzanine: $3840 sq. ft Showroom: 1,200 sq. ft Main Warehouse: 6,400 sq. ft Cold Storage: 2,800 sq. ft Saw Shop: 3,600 sq. ft.
Location
State AK
Area Out Of Area
Zoning General Commercial District
Direction 1716 Post Road Downtown Railroad leased property. Current tenants Motion Flow Control Products they have been there for 12 years.
Exterior
Total Parking Spaces 15
Schools and Properties Nearby
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