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839 East Commercial Street
Clearwater, KS 67026
Asking Price
$295K
Asset Type
Warehouse Special-purpose
Class
Class B
What's Special
Former Automotive Shop and Car Dealership <p><span style="color: rgba(0, 0, 0, 1)">Wow! Opportunities don't come along like this very often! This property was purpose built for a car dealership and auto mechanic shop. The property is just shy of three acres in total on two lots. The north lot is fully rocked and has the 2,700 sqft building complete with office and ADA facilities. This made for a perfect car lot! There are three 10'x10' and one 12'x12' overhead, insulated doors. The shop area has in-floor radiant heat and the office is
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NOI
$80,000
Cap Rate
27.12%
DSCR
4.57
Strong
Cash-on-Cash
70.61%
Monthly Payment
$1,459.499
Annual Cash Flow
$62,486.011