Listed by Pinnacle Real Estate Advisors
$900,000
1540 N Emerson Street
Details
Property Type Mixed Use, Office
Sub Type Creative Office
Square Footage 8,231
Net Rentable (SqFt) 8,231
Tenancy Vacant
Price per SqFt $109
Broker Co-Op Yes
Year Built 1960
Stories 3
Lot Size (SqFt) 14,500
Zoning G-RO-3
Parking Spaces 30 spaces
Parking Per SqFt 3.64
Investment Type Value Add
Spilt Residential & Office Use | Two Parcel ID's Under One Roof
Marketing description
This 8,231 SF brick facility has been totally gutted for asbestos removal, which has occurred. Extensive paperwork and reports on file The lot is 14,500 SF with G-RO-3 zoning, which allows residential and office uses in a residential area - up to three stories. Less than one block from Colfax Avenue and Clarkson Street. Alley access to +/- 30 parking spots. Property currently in “shell” condition. If a buyer can close in 30 days from MEC the seller will reduce the price to $950,000
Investment highlights
27 "on-site" parking spaces + handicap
100' frontage along Emerson Street and alley access on 145' deep lot
Residential/office use in place, 2 separate parcels
Maximum height 3 stories as per zoning
Listing Contacts
Listed by Pinnacle Real Estate Advisors
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