Property Description
*Long Term Leases. * Rare Main Line investment offering with a 60+ year tenant: Fine Wine & Good Spirits-Pennsylvania Liquor Store * Mixed-use income stream: retail liquor store, one 1-bedroom apartment, and one 2-bedroom apartment * Liquor store lease runs through 2028, with tenant expressing interest in renewing and rebranding to a premium store concept * On-site coin-operated laundry room adds supplemental income * Rear parking lot with 17 spaces a major value-add in this high-demand corridor * Net Operating Income (NOI): $178,386.12. Cap Rate: 6% Asking Price: $2,999,595.00