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$ 550,000
Est. payment /mo
Price Dropped by $50K
3008 Cromwell RD Norfolk, VA 23509
2,839 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Purchase
Listing Status Active
Purchase Type For Sale
Square Footage 2,839 sqft
Price per Sqft $193
Subdivision Fairmount East
MLS Listing ID 10586269
HOA Y/N No
Year Built 1955
Annual Tax Amount $2,381
Lot Size 6,098 Sqft
Property Sub-Type Purchase
Property Description
Fantastic investment or owner-user opportunity located in Norfolk's Tax Relief Enterprise Zone - Zoned I-3 (Industrial Warehouse) - Marine-grade metal roof - 3 Garage Bays - 2 w/AC 1 without - Property conveys AS-IS - Potential seller financing available with a large down payment. Currently each tenant is mo to mo and pays $2250 ea. They have both been there for 6 years. Utilities Ave. per month: Gas $115 Electric $70 Water $128 Utilities are split between the tenants. Seller is 1st tenant Champs Small Engine Repair company - 2nd tenant is Kippenbrock Scale Services. Possible to update Leases with the current tenants for longer lease times.
Location
State VA
County Norfolk
Area 12 - East Norfolk
Zoning I-3
Interior
Heating Electric
Cooling Central Air
Flooring Concrete, Vinyl
Exterior
Parking Features 1-25 Spcs
Utilities Available City Sewer, City Water, Electric, Gas
Roof Type Metal
Building
Story 1.0000
Foundation Slab
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Listed by Howard Hanna Real Estate Services