The building is approximately 12,000 SQFT, with a 5,000 SQFT basement. This building is for sale, or has a spaces for lease; it is a great opportunity for retail with an upstairs office.
Building being sold with the drawing for 7 apartments as well as the previous conditions of approval from the City for the conversion (which will need to be re-applied by a new Buyer). Rental income from apartments would be another $15,000 once complete.
The building is in good structural condition and the interior of the office space is old-world style with wooden features.
It also has its own Parking Lot and a Workshop (currently being leased). Rental income is $5,900.
The exterior façade has recently been re-done.
PORTION CURRENTLY AVAILABLE FOR LEASE
Retail space +/-1,500 SF, with a mezzanine, providing
Lease rate is $1,200/month.
SALE PRICE
Contact agent for sale price.
Property Information
Price Range: over $500,000
Sale Type: Lease / Sale
Usage Type: Retail
Lease Rate: 0.76-1.00
Amount of Space: 1501-2000
Sale Price: $1.265 M
Contact Person: Mahala Burns