$225K Projected Gross, $150K Net Income, 11% CAP @ Asking. Owners invested over $500K to redesign this 8,000SF, commercially zoned, free-standing building including a BRAND NEW ROOF, BRAND NEW WINDOWS, ALL NEW SHEETROCK & FRAMING, FRESH PAINT, & a COMPLETELY OPEN FL PLAN on both the 1st & 2nd FLs. L...ocated on 5.76 flat ACRES, this property features 150+ parking spaces & 375 FT of frontage on heavily-trafficked, RTE 611 (30K/vehicle/day). This property can house almost any purpose, e.g., wedding/event destination, car dealership, gas station, corporate/office plaza, return to its previous use as an extremely successful hotel/restaurant, or COMPLETE PLANS FOR AN ADDITIONAL 15,000 SF RETAIL PLAZA (SEE IMAGES for SITE PLANS). NO OFFSEASON w/ year-round attractions, EVEN DURING COVID, millions of tourists & AIRBNB guests frequent the neighboring 14 resorts including Great Wolf Ski Lodge/Indoor Water Park, Kalahari Resort, Camelback Ski Resort, Mt. Airy Casino, & Crossings Outlet Store. Continue reading