PRICE REDUCTION! TWO Properties, ONE Incredible Deal
Property Description
Fantastic Investment Opportunity! Mixed use property! This listing price includes BOTH 117 S Harrison Street AND 119 S Harrison Street! TWO properties on a prime corner in Wilmington! 119 S Harrison is home to a well-established Liquor Store with a reliable, long-term tenant who pays rent punctually (often early) and has a lease that includes annual rental increases. They handle their own repairs, making this a low-maintenance investment. Property owner simply handles insurance, taxes, and roofing. 117 S Harrison is a 2-bedroom, 2-bathroom unit currently vacant - ideal for easy showings and immediate updates by new ownership. This property has previously been rented for $1,200/month, with strong income potential. Combined, these properties can generate close to $3,000/month in passive rental income. Excellent opportunity to grow your portfolio - schedule a tour today. Sold AS IS.
About the Property
- Type
- Other Business Real Estate
- Building Status
- Established
- Location Description
- TWO properties on a prime corner in Wilmington! 119 S Harrison is home to a well-established Liquor Store with a reliable, long-term tenant who pays rent punctually (often early) and has a lease that includes annual rental increases. 117 S Harrison is a 2-bedroom, 2-bathroom unit currently vacant - ideal for easy showings and immediate updates by new ownership.
- Current and Prior Use
- 119 S Harrison is home to a well-established Liquor Store with a reliable, long-term tenant who pays rent punctually (often early) and has a lease that includes annual rental increases. 117 S Harrison is a 2-bedroom, 2-bathroom unit currently vacant - ideal for easy showings and immediate updates by new ownership. This property has previously been rented for $1,200/month, with strong income potential.
- Year Built
- 1900
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Current Property Expenses
- Taxes, Insurance, and Roofing for 119 S Harrison. 117 S Harrison is vacant, new tenant and landlord to set expenses.
Listing Info
- ID:
- 2367671
- Listing Views:
- 850
Business Location
Listing ID: 2367671 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.
