4 Year Lease Extension. 100% leased income producing investment property in the heart of Brunswick. 215 W Potomac St is a 6,609 SF mixed use property featuring 1 ground floor retail space and 3 apartment units. The 1st Floor retail space (King's Pizza) is a built out restaurant that has been occupied by the King’s Pizza family since 1994. The 2nd Floor is an oversized 4 BR/ 1 BA apartment home (occupied by the same tenant since 2000), that was formerly the residence of the proprietors for the original restaurant space (Berlin Restaurant & Tavern). The 3rd Floor consists of two 3 BR/1 BA apartments (One of which has been occupied by the same tenant since 2009). Each apartment unit has washer & dryer hookups (tenants provide their own washer/dryer). The property enjoys off-street parking for both the retail space and the apartment units. Property is located adjacent to the very popular Smoketown Brewing Station in a major growth area of downtown Brunswick. Recent Capital Improvements Include: New roof (6 years ago), new siding & gutters (6 years ago), new windows (6 years ago), new hot water heater for #3B (1 year ago), new HVAC unit for #2 (1 year ago), 3rd floor porch wall and trim replacement (1 year ago) and exterior front brick scraped & sealed (2 years ago). Rare investment opportunity. Owner retiring and moving out of state.
Courtesy of: Fitzgerald Realty Group Inc. Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 28th May, 2022 4:54 AM (UTC)