CALLING ALL DEVELOPERS
SELLER HAS A DEVELOPER'S CONTRACT, YOU BUY AND WE WILL CONTINUE TO PUSH THE CONTRACT THROUGH!
So, once you buy 391-393(SIZE: 50X104), you will also get the contract Seller put in for 385-387(SIZE: 25X105) and 397-399(SIZE: 33.9X104). Which one is a church, a mixed use (commercial unit bottom, two units up top), three unit commercial property, and a commercial property.
The mixed use & abandoned commercial property does need work. 391-393 Hawthorne Ave has two tenants occupying spaces and one is vacant (working on getting it occupied)
391-393 HAWTHORNE STATS AS FOLLOWS:
- Two of three units are rented out for the next five years on a NNN w/right of renewal after five years
- Each unit pays their own utilities and meters are seperated. Water is divided by the three units
- Roof done in 2021
- Newer hot water heaters
- Each unit (1,500sqft) has its own basement for an additional 1,000sqft storage space
- Unit 1: is occupied by a community grocery store
- Unit 2: originally occupied Bragman's Deli (has a walk in cooler, stove, and other equipment may be available)
- Unit 3: occupied
- Owner of building has an option to expand w/first right of refusal on buildings next to
Units 1 & 3 pay $2000 & $2500 plus utilities, taxes, and water.
Unit #2 IS AVAILABLE FOR LEASE. $3,000/MONTH NNN LEASE. MINIMUM THREE YEARS.
SELLER FINANCING & LEASE W/OPTION TO BUY MAY BE AVAILABLE, COME W/YOUR BEST OFFER