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$289,900 total
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RA8 — Medium Rise
$ / SF
—
Occupancy
98%
Year Built
1910
Lot Size
0.21522859698630542 ac
MIXED-USE BUILDING. TURNKEY RESTAURANT PLUS TWO APARTMENTS. MAIN STREET EXPOSURE. Three income streams under one roof on the busiest street in Rogersville. A 2,600 sq ft main-floor commercial space fully fitted for food service, two rental units upstairs, and interior condition that needs nothing before opening day. MAIN FLOOR. 2,600 sq ft of open commercial space currently operating as a restaurant. Sale includes a substantial package of commercial kitchen equipment, so a buyer in food service skips the single biggest startup cost. The footprint suits retail, office, clinic, or service business just as easily. UPSTAIRS. Two self-contained rental units. Keep them as income to carry the building, or convert one to an owners suite and live above the business. CONDITION. Interior in excellent condition throughout. Move in and operate. LOCATION. Rue Principale frontage with steady drive-by and foot traffic. Signage visibility is the marketing budget. WHO THIS FITS. Owner-operators who want the building and the business in one purchase. Investors who want commercial rent plus two residential leases. Anyone who wants a storefront with income already attached. Contact for the equipment list, rent roll, and zoning details. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$15K
Annual cash flow
$-580
Cash-on-cash
-0.67%
DSCR
0.96
Going-in cap
5.34%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
81,654
Households
32,875
Median income
$123,000
Median age
32.9
Daytime population
132,598
5-yr growth
1.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 11081 Rue Principale, Rogersville.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.