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Updated about 4 years ago,
Purchasing a Rural Post Office
I am looking at purchasing a rural post office with USPS being the only tenant.
A few details:
- Current lease through 2028, has a 90 day cancelation clause
- Population of 500
- No mail routes, only mailboxes inside the post office
- Would cash flow $300 a month after mortgage (Purchase price of $110K)
-USPS reimburses property taxes and maintains the grounds and building
Does anyone own a post office? Thoughts? Thank you!