Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
| Pets: | Pets Allowed |
FinancialsPrice: $5,300,000 Annual Taxes: $60,662
| Price: | $5,300,000 |
|---|---|
| Annual Taxes: | $60,662 |
Description**CONFIDENTIAL OFFERING- SITE ADDRESS/FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY*
Substantially renovated freestanding building over 26K sq ft, on an 18K sq ft parcel + 36 parking spaces (19 covered).
This acquisition is a rare opportunity for the corridor to capitalize on the extraordinary upside in rents and value add components (i.e. create add’l retail/office on ground floor by converting 50% of covered parking area within existing footprint).Third floor corner Suite 304 (3500 SF) just vacated end of 2023; remains vacant for owner-occupant.
Investor/Developer (hold and redevelop up to 62K buildable SF/5 floors T5-O and in a TOD with cash flows through shovel-ready). 200 units per acre, 0.4 acres on the lot.
Optional stock sale for qualified prospects.
Neighborhood
**CONFIDENTIAL OFFERING- SITE ADDRESS/FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY* Substantially renovated freestanding building over 26K sq ft, on an 18K sq ft parcel + 36 parking spaces (19 covered). This acquisition is a rare opportunity for the corridor to capitalize on the extraordinary upside in rents and value add components (i.e. create add’l retail/office on ground floor by converting 50% of covered parking area within existing footprint).Third floor corner Suite 304 (3500 SF) just vacated end of 2023; remains vacant for owner-occupant. Investor/Developer (hold and redevelop up to 62K buildable SF/5 floors T5-O and in a TOD with cash flows through shovel-ready). 200 units per acre, 0.4 acres on the lot. Optional stock sale for qualified prospects.
CONFIDENTIAL OFFERING SITE ADDRESS FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY Substantially renovated freestanding building over 26K sq ft, on an 18K sq ft parcel 36 parking spaces 19 covered.
Description**CONFIDENTIAL OFFERING- SITE ADDRESS/FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY*
Substantially renovated freestanding building over 26K sq ft, on an 18K sq ft parcel + 36 parking spaces (19 covered).
This acquisition is a rare opportunity for the corridor to capitalize on the extraordinary upside in rents and value add components (i.e. create add’l retail/office on ground floor by converting 50% of covered parking area within existing footprint).Third floor corner Suite 304 (3500 SF) just vacated end of 2023; remains vacant for owner-occupant.
Investor/Developer (hold and redevelop up to 62K buildable SF/5 floors T5-O and in a TOD with cash flows through shovel-ready). 200 units per acre, 0.4 acres on the lot.
Optional stock sale for qualified prospects.
Neighborhood
**CONFIDENTIAL OFFERING- SITE ADDRESS/FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY* Substantially renovated freestanding building over 26K sq ft, on an 18K sq ft parcel + 36 parking spaces (19 covered). This acquisition is a rare opportunity for the corridor to capitalize on the extraordinary upside in rents and value add components (i.e. create add’l retail/office on ground floor by converting 50% of covered parking area within existing footprint).Third floor corner Suite 304 (3500 SF) just vacated end of 2023; remains vacant for owner-occupant. Investor/Developer (hold and redevelop up to 62K buildable SF/5 floors T5-O and in a TOD with cash flows through shovel-ready). 200 units per acre, 0.4 acres on the lot. Optional stock sale for qualified prospects.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.