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Sold for 650K in 2006, assessed at 725K. 3863 sq. ft. of mixed use on 44×140 lot in prime Western Ave location south of Rosecrans. 3 apartments (3-1, 1-1, 1-1) + ADA compliant restaurant (VN Dish – 4 stars, 161 reviews on Yelp). 56K actual income w/low expenses and huge upside. Tenants pay all gas and electric, seller only pays water. Residential tenants mo. to mo., restaurant lease is up in October (they’d like to stay). This is a great restaurant location, with tons of day workers north of Rosecrans, and high-density residential to the south, west and east. Have lunch or dinner at VN (it’s good), otherwise STI. 10% down SBA financing available (see flyer in supplements).
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