Description
Great income property! 2606 Sqft building on 11,500 sqft lot located in Redmond's Central Business/Commercial District. Existing tenant owns and operates a successful preschool. Additionally, the property has a 1600 sqft structure with 8 existing dry storage units and a 680 sqft garage/shop that are leased separately. A fee appraisal has been done and is available with the signing of an NDA. This property is a solid investment with a market derived capitalization rate of 6%.
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0BEDS
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0.26ACRES
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0BATHS
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01/2 BATHS
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2,606SQFT
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$307$/SQFT
School Ratings & Info
Description
Great income property! 2606 Sqft building on 11,500 sqft lot located in Redmond's Central Business/Commercial District. Existing tenant owns and operates a successful preschool. Additionally, the property has a 1600 sqft structure with 8 existing dry storage units and a 680 sqft garage/shop that are leased separately. A fee appraisal has been done and is available with the signing of an NDA. This property is a solid investment with a market derived capitalization rate of 6%.
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