This building has a wonderful story to tell'¦. the 2nd story was destroyed in a fire (elevator shaft still in place) and in 2020 the seller redeveloped and leased up from 0-100% in the middle of the pandemic (all tenants have 4% escalations). Since the package was put together, the Seller parted ways with one tenant, comprised of 527 SF. We expect to have it relet by the time any settlement would occur. The building features interior common hallways, shared drive-in loading dock, common bathrooms, with some units having direct retail access. Fully sprinklered building. Sale includes the adjacent +/-16,200 gated parking lot (44 spaces). Located at a signalized intersection in a QOZ, with fresh 10 year tax abatement. 500% FAR by-right. Offering Memorandum, Rent roll and cashflow models available upon request.
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Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.