Position your portfolio for immediate return with this income-producing commercial opportunity at 238 Courthouse Rd This three-unit commercial building is already generating revenue with a 7% cap rate, offering investors a solid, stabilized asset with dependable cash flow from day one. Whether you're expanding your holdings or entering… Read More the market, this property delivers the kind of performance and predictability that matters. Strategically located with strong accessibility, the property benefits from consistent tenant demand and visibility--key drivers for long-term value and occupancy. Bonus Opportunity: An additional adjacent lot is available--purchase it with the property at full list price to expand your footprint, increase future development potential, or secure additional parking and flexibility. Prefer to acquire separately? The lot is offered at $150,000, giving you options to tailor the investment to your strategy. 3 Income-Producing Units 7% Cap Rate Expansion Potential with Additional Lot Strong Location & Accessibility This is more than just a property--it's a scalable investment with upside built in. Read Less
Courtesy of Holly J Gibbs, Crescent Sotheby's International 228-697-3714.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Industrial
Square Ft.
819
Lot Size
0.2 Acres
Year Built
1968
MLS Number
4142681
Additional Details
Building
Building Area Total: 819, Levels: "One", Year Built: 1968
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Source: MLS United
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