Description
Great single story brick 2268 SQ FT commercial/Office building located on Main ST in Baltic located on large .78 acre lot with off street parking for ~10 cars. The building has a long term lease with the United States Postal office until 2029 ($28,000/per year) with two additional 5 year option for the post office to renew until 2039. The rent on the first five year option goes up to $30,800 per year and then $33,800 for second five year option. The tenant is responsible for utilities, lawn care and snow removal. Landlord is responsible for Taxes, Insurance and maintenance on the building. Great investment opportunity with amazing tenant in place!
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0BEDS
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0.78ACRES
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0BATHS
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21/2 BATHS
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2,268SQFT
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$88$/SQFT
School Ratings & Info
Description
Great single story brick 2268 SQ FT commercial/Office building located on Main ST in Baltic located on large .78 acre lot with off street parking for ~10 cars. The building has a long term lease with the United States Postal office until 2029 ($28,000/per year) with two additional 5 year option for the post office to renew until 2039. The rent on the first five year option goes up to $30,800 per year and then $33,800 for second five year option. The tenant is responsible for utilities, lawn care and snow removal. Landlord is responsible for Taxes, Insurance and maintenance on the building. Great investment opportunity with amazing tenant in place!
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