Sold Alerts provide potential sellers with hard-to-get comparable sale information.
- 234 N Lowry Street is a 3,300 SF, two-tenant retail center that was built in 1988.
- Home to Nom Nom Sushi, the building sits on a narrow 9,060 SF parcel of land with 15 parking spaces.
- Joy Asian Market occupied the other suite before vacating prior to closing.
- The property backs up to the railroad tracks.
- Located across from Stars and Stripes Family Entertainment Center, Taco Bell and McDonalds.
- Zoned C3.
- The property last traded in 1997 for $228,000.
- The buyer put 60% down with financing from First Citizens National Bank at 6.89% interest, 20-year term.
- The asking price was $1,181,400.
- The property just sold for $850,000…the equivalent of $258/SF.
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About Beau Beach, MBA CCIM
Beau is a battle-tested Commercial Real Estate Broker, entrepreneur, author and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.
Beau leads Beachwood which is an elite commercial real estate brokerage for sellers in the Southeast.
He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.
He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.
Click to schedule a call with Beau or email to Beau@SoldbyBeachwood.com