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Description

Investment opportunities vary depending on your personal desire to be either a passive investor or a hands-on investor. Because of the size of these units it might be beneficial to redesign the building as an executive suite complex making hands-on a desirable option. Whether passive or hands-on, some of the upside potential lies within the common area factor. Current leases are based on usable not rentable square footage with no consideration for a loss factor in the lobby area, which includes rest rooms and a conference room or the hallway. With some vacancy also comes the opportunity to conduct your own business at this location. An owner/user could occupy as little as a single office or by occupying more than 51% of the building possibly be eligible for an SBA loan. Building price details: $495,000.

Property Details

• Type: Commercial (Other)
• Status: Available
• Buildings: 1

Map Locations