Description
Mixed-Use Building(s) comprised of 6,986 sq.ft on .14 acres in Downtown Derby. Building 1 located at 182 Elizabeth St, 567 sq. ft Coffee / Retail with (Two) 2 Bdrm., 1 Ba apartments with Basement on .09 acres. Building 2 located at 184 Elizabeth St. 1,040 sq.ft Deli / Retail with (One) 3 Bdrm., 1 Ba apartment with basement on .05 acres. Retail spaces are connected between both buildings. Altimari's Italian Deli and Coffee Shop had been located for 38 years. All Leases are Month to Month, Current Estimated is NOI $43,403.21 or 8.7% CAP property being sold AS-IS, RE TAXES (182) $6,149.75 + (184) $4,593.40= $10,743.15 Ideal Investment for business/owner to locate in Retail space and benefit from income generated from Apartments. (RELATED MLS #170582195 182 Elizabeth St included in this sale)
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Listing Agent: Fred A. Messore
Listing Office: Colonial Properties Inc
