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725 Maple Valley DR Farmington, MO 63640
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Key Details
Sold Price $895,000
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Sold
Purchase Type For Sale
Square Footage 3,530 sqft
Price per Sqft $253
Subdivision Rohlands
MLS Listing ID 23062236
Year Built 1995
Building Age 29
Lot Size 0.372 Acres
Property Description
Great Investment Property. DO NOT DISTURB TENANTS PLEASE 2 Main tenants (Guild Mortgage, Philly Pretzel Factory which may be relocated) 1 very small room as 4th Room. Awesome Cap rate of 9% when Fully rented. NO Showings until Proof of Funds or Bank Pre-approval letter. Net annual Income $80,700 Triple Net Leases when fulled leased.
Full basement under part of the building. New Build addition in 2020 was built sq. ft. of 1338 Guild Mortgage is in this building. The other Building was built in 1995 2192 Sq.Ft. Gross building size for all 3 tenant spaces is 3530 Sq. Ft.
Digital sign on the building, part rent is toward the sign for some of the tenants. Part of basement can be rented for storage.
New lease signed with Philly Pretzel Factory.Leases expire Guild July 2025, Philly Pretzel March 2027 can be relocated if space needed, AAA Expired and moved. High traffic area. Philly Pretzel Factory has Drive-thru.
Lot size is 16,210 or .372 acres.
Location
State MO
County St Francois
Area Farmington
Zoning Commercial
Interior
Heating Forced Air
Cooling Electric
Exterior
Utilities Available Electricity Available
Building
Sewer Community Sewer
Water Public
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
Read Less
Bought with Default Zmember
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