For Sale
For Sale
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Overview
This building has great curb appeal with over 5000 sq ft of usable space and loads of potential. It can be used as a income producing private or shared office space or you can break up the 5000 sq ft as you see fit. Or just rent out the entire 5000 sq ft. This free standing building is zoned residential and commercial. You could have retail in this building or even turn it into rental units. You can be as creative as you want. High traffic counts, close to public transportation, good walk/transit score, close to Commercial avenue, which is full of businesses, professional offices, retail stores and much more. This all brick free standing building is for lease and for sale. Based on the average rental price per sq ft of about $12, the PGI is $60,000 annually, with about 5% Operating expense with a single tenant triple net lease. That expense would come from hiring part-time management if needed. NOI income has the potential to be over $50,000 annually.
For Lease
Suite B
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Time on Market
almost 4 years
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Space ID
1988457
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Overview
2 Private offices
1 bathroom
waiting area
4 cubicles
2 parking spaces
About 1150 sq ft
Suite A
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Time on Market
almost 4 years
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Space ID
1988456
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Overview
1300 Sq ft (estimate)
Handicap accessible
1 private office
Mens Bathroom
Women bathroom
Huge conference, training room
1 parking space included
Suite C
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Time on Market
almost 4 years
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Space ID
1988458
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Overview
9 Private Offices
Full Kitchen
Full Bathroom
Huge Open Space
Recently Updated
4-5 Private parking spaces included
Property Details
This building has great curb appeal with over 5000 sq ft of usable space and loads of potential. It can be used as a income producing private or shared office space or you can break up the 5000 sq ft as you see fit. Or just rent out the entire 5000 sq ft. This free standing building is zoned residential and commercial. You could have retail in this building or even turn it into rental units. You can be as creative as you want. High traffic counts, close to public transportation, good walk/transit score, close to Commercial avenue, which is full of businesses, professional offices, retail stores and much more. This all brick free standing building is for lease and for sale. Based on the average rental price per sq ft of about $12, the PGI is $60,000 annually, with about 5% Operating expense with a single tenant triple net lease. That expense would come from hiring part-time management if needed. NOI income has the potential to be over $50,000 annually.
- Property TypeOffice/Retail Mixed
- Amenities
- Common kitchen
- Showers
- High ceilings
- Onsite parking
- Common bathrooms
- Submarket
- Sale Price$259,999
- Total Building Size5,000RSF
- Total Available5,000RSF
- Number of Floors2
- Largest Contiguous2,500RSF
- Number of Buildings1
- Building ClassC
- ZoningB1-3
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID2160383