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530 West O'Brien Drive
Hagatna, GU 96910

9018 sqft    MLS #: 20-604
$3,500,000

Description

A Guam landmark - the old Cable TV building. Now behind District Court. Easy access to Route 1. Presently leased to a food service as a commercial kitchen (commissary). Property is an assemblage of 2 buildings on 4 lots built over different years. Flood zone is a mix of X and AE (northern portion). Existing lease is triple net to expire April 30, 2021 with monthly rent at $20,000. Plenty of parking. Sale subject to lease. Over $3M in equipment and trade fixtures to remain at lease expiration - state-of-the-art kitchen equipment, boiler room, generator, 2 cold storage rooms, air shower and much more. Turnkey commercial kitchen you'll be purchasing. Boosted power feed to property. Fenced and auto gated. Appraised in 2014 at $2.93M - BEFORE kitchen was installed. See DOCUMENTS.

Contract Information

Current Price: $3,500,000
List Date: 2020-02-10
Status: Active
List Price: $3,500,000
Lock Box Info: None

Location

Building/House #: 530
Street Name: West O'Brien
Street Suffix: Drive
Village: Hagatna
Postal Code: 96910
State/Province: GU
Geo Lat: 13.47614
Geo Lon: 144.742473

Property Description

Book Section: Commercial
Realtor.com Type: Commercial
Living Area SqFt: 9018
SqFt Source of Info: Appraiser
Year Built: 1985
Lot +/- Sq Meters: 5292.48
Stories: 1
Access: Paved
Flood Zone: OTH FLD. AREAS
View: Neighborhood
Condition: Very Good
Ownership: Fee Simple

Utilities

Sewer/Septic: Publc Sewer

Appliances

Appliances: Commercial kitchen equipment.

Income

Rental Income: 20000

Features

Construction: Concrete
Roof: Concrete
Flooring: Concrete-Sealed; Vinyl Tile
Fence: Full; Perimeter
Backup Generator: Full
Parking: Unassigned

Other

MLS #: 20-604

Last Updated: April - 06 - 2020

All properties are subject to prior sale, exchange or withdrawal. Neither listing broker(s) nor displaying broker, nor the GUAM ASSOCIATION OF REALTORS, INC. Multiple Listing Service shall be responsible for any typographical errors, misinformation, or misprints. Copyright GUAM ASSOCIATION OF REALTORS, INC. Multiple Listing Service. All rights reserved.