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3008 Cromwell Rd

Norfolk, VA 23509
  • $600,000
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: 10586269
UPDATED: 35 min ago
$600,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,839
    SQFT
  • $211
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1955

School Ratings & Info

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.

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www.elgproperties.com/homes/164457525
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3008 Cromwell Rd Norfolk, VA 23509

  • Price: $600,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 35 min ago
  • ID#: 10586269
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2,839
SQFT
$211
$/SQFT
1955
Built
Neighborhood:
Fairmount East
Area:
12 - East Norfolk
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.
Exterior Features

Construction Block Exterior Siding Masonry Foundation Type Slab Garage YN No Location FrontageIndustrial Park Lot Depth 101 Lot Dimensions 62X101X63X101 Lot Front 62 Parking 1-25 Spcs Roof Metal

Interior Features

Cooling Central Air Flooring Type ConcreteVinyl Heating Electric

Property Features

Contingency Exists Non Contingent Disclosure Disclosure Statement Features Other Lease Type Monthly Master Model YN No Neighborhood Name ENTERPRISE ZONE New Construction YN No Ownership Type Simple Possession SETTLEMENT Tax Amount Approx 2381 Use Type Industrial Utilities City SewerCity WaterElectricGas Zoning I-3

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