1464-1468 Spring Glen Rd, Spring Glen

$249,000

0 Beds
0 Baths
3,900 Sqft
.27 Acres
0 Garages

Spring Glen Grocery & General Store – A rare multi-use property. A quaint family owned and operated grocery store with plenty of parking around the entire building and ample storage space inside, a three-bedroom apartment upstairs and a U.S. Post Office on property that is leased until 8/31/21 and can be re-upped through 2026. There’s value in keeping it as a sweet hometown grocery store, creating your own business, or leasing out the individual components (store, apartment, and Post Office). For reference, the Post Office lease brings in $14,850 in annual revenue, which on its own can help significantly offset the total mortgage for this property. The apartment upstairs can be rented out for $1,500 monthly. And then there is the grocery and general store itself. Lots to consider and see what’s right for you. Start by taking a look for yourself. Parking lot was recently Black topped and lines painted as well. New roof on the post office as well.

Property History
Price Reduced from $269,000 to $249,000
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