Excellent opportunity to own a commercial investment property, or relocate your business. The building is currently fully leased with multiple short-term leases, several of which have been in place for years. because the leases are short term, if you wanted to relocate her, it's not complicated. The building was initially designed for an owner-user, and the builder housed his business there for quite a while. After that, the building became a multi-tenant building with shared common areas. (Think REGUS, before it was a thing....) There's been a large demand for individual office rentals which has kept this building profitable for years. It's been professionally managed, so there is a full accounting of actual income, expenses and repairs over the past several years.
Courtesy of: Coldwell Banker Elite Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 19th October, 2021 6:18 PM
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