Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
1,192 SF
Site
0.47 acres
Price / SF
$378
NOI
$2,700
Year built
1949
Zoning
LB
Stories
1
The offering
Positioned on a high-traffic corner, this commercial property offers excellent visibility and strong exposure, presenting an attractive opportunity for investors or owner-users alike.
The property is currently tenant-occupied, generating $2,700 per month in rental income with a five-year lease in place. Ample parking adds to the property’s convenience and accessibility.
A well-located commercial property with existing income and long-term potential.
Building & site
Interest conveyedFee simple
Gross building area1,192 SF
Building typeRetail
Property typeRetail
Year built1949
Stories1
Land area0.47 acres
Land area, SF20,286 SF
WaterWell
SewerSeptic Tank
HeatElectric
Tax parcel33090015-2-4
Zoning & permitted uses
District
LB
Permitted uses are governed by the Mount Hope zoning code and should be confirmed with the municipality. Ask a broker for the district summary.
Income & tenancy
Gross income (as reported)
$2,700
Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Taxes & assessment
2025 taxes
$5,377
Assessed value
$45,500
Land assessment
$14,600
Full market value
$484,000
Owner of record
Heyes Benjamin
School district
Middletown
Property class
210
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.