Incredible investment opportunity awaits you on the shopping corridor of 5th street in the “Golden Mile” or “Bloque de Oro” location. This Mixed Use property runs street to street and includes a rear lot at 2854 N Orkney St. This lot is currently fenc-ed in to allow for secure 2 car parking and loading/unloading of merchandise through the rear entrance. The property offers a retail space on the 1st floor and a spacious 4 bedroom 1 bath apartment on the 2nd and 3rd floor with separate entrances and separate utilities.
Both units are currently occupied by the same tenant under a 6-year remaining triple net lease, collectively earning $2,320 per month with a 3% annual increase.