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15 Belmont Ave, Belfast, ME 04915

$477+/SF

Commercial property for sale

Added: 07/06/2011
Last Update: 04/21/2012
15 Belmont Ave Belfast, ME 04915 US
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Contact info

  • 207-775-7363 [Office] 

Description

We are pleased to offer for sale 15 Belmont Avenue in Belfast. This is an excellent investment property that is being offered at a 9% capitalization rate. Pizza Hut leases the property until July 2021. Although they have a kick-out clause in 2016, this Pizza Hut has historically performed well in the market. The property is well located on Route 3, just off of Route One in Belfast. The building is a typical one-story Pizza Hut that was built in 2001. This is a rare opportunity to purchase a solid income-producing investment property with a national tenant in place. Building price details: $1,470,000.

Property Details

  • Type: Retail
  • Use Types:Restaurant
  • Status: Available
  • MSA: Augusta-Waterville
  • Buildings: 1

Terms

  • Cash to Seller 

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