Description:
Tremendous commercial investment opportunity! This property consists of 2 historical buildings deeded together as one! 364 Broad consists of a 1200 sq ft store front with 5 residential apartments on the 2nd and 3rd floor + a laundry room for tenants. The store front and all apartments are fully occupied. This building generates $5200/GMI. 366 Broad is the former Rail House Restaurant and Tap Room! A cornerstone among the Waverly community, the Rail House generated over a million dollars annually! Property is zoned comm mixed-use. Skies the limit for opportunities here! Historical building grant opportunities. The community is ready and eager for a new business here! Ideally, one could finish the work needed for 366, while 364 covers most/all monthly expenses!