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73
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26
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Garrett Sowle
  • Rental Property Investor
  • Ponte Vedra Beach FL
26
Votes |
73
Posts

Seller Financed Commercial Building - 5,500 sq ft - 0% Interest

Garrett Sowle
  • Rental Property Investor
  • Ponte Vedra Beach FL
Posted

Hello - I currently have a commercial building with a seller financed deal under contract but am looking for a different buyer. The building doesn't work for what we are planning and we have too much on our plate to try and take this on right on. Building is in great shape - metal siding, metal roof, new HVAC unit in 2018. New flooring on the downstairs unit. Main floor is 3,000 sq ft, upstairs is 2,500 sq ft. The building is located right on a main street in a small town 30 minutes north of Green Bay. We were planning on making upstairs into 2 - 3 bd 1 ba apartments. And downstairs was going to remain a storefront. Price is $200,000 with $20,000 down on a 6 1/2 year term (78 payments) with 0% interest. Monthly payments would be $2,307. It's an amazing price and opportunity. Very hard to pass it up but with our other businesses and kids we just don't have the time.

Reach out for the address and to schedule a time to see it. The main floor tenant just moved out so the building is vacant.