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Description

South Commons II Condominium office/retail building includes a 3-story brick elevated building containing gross building area of 19,188 plus full basement with separate storage bins for each tenant. The building was rehabbed and converted into 10 condominium units in 1986 ranging in size from 612/sf to 3,367/sf. All the units have individual HVAC systems and electric meters. The upper floors were built out as first class offices and mostly occupied by attorneys while first floor is divided into two retail units. There are common bathrooms on each floor. Property has excellent visibility and access from Main Street and is located on a corner lot with on-site parking directly behind the building from William Street. Access from parking lot to rear entrance & elevator. Main Street access from sidewalk to front entry/stairs. Location in the South-End of the CBD along Main Street, convenient to City Hall, Courthouse, Civic Center, hotels, and to Route I-91 (exit 4) & the Basketball Hall of Fame just 2 blocks east (0.15 mile). Property has excellent location & visiblity, attractive appearance, and had been well maintained. Ideal for use by law firm or other professional office use. this is a unique opportunity for owner-occupant or for investor to purchase 19,188 square foot office / condominium building in a prime location for $16/sf. Investor would have option to rent out units and or sell individual units after completing repairs. The building had major damage in the 6/1/11 tornado and was condemned by the city until the damages can be repaired. Building price details: $300,000.

Property Details

• Type: Commercial (Other)
• Status: Available
• Year Built: 1901
• Buildings: 1

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