Listed by ACRE Real Estate Partners
$2,100,000
Beignet & Brews | Executive Offices
Details
APN 2900131012002000
Property Type Office, Retail
Sub Type Executive Office, Restaurant
Square Footage 3,917
Cap Rate 6.95%
NOI $146,042
Occupancy 100%
Tenancy Multi
Class B
Year Built 1952
Year Renovated 2023
Buildings 1
Stories 2
Acreage 0.250
Zoning c-2
Investment Type Net Lease
Sale Condition For sale by owner
Office | 6.95% CAP | 3,917 SqFt
Marketing description
This 3,917 SF multi-tenant building presents a rare investment opportunity in Homewood. Originally built in 1952 and fully renovated in 2023, the property combines timeless character with modern updates. The building is currently configured for multiple tenants, including Homebase Private Offices and Beignet & Brews, offering a mix of office and retail uses under one roof. With its recent upgrades and established tenancy, the property provides immediate income potential and long-term stability. Flexible layouts and a strong tenant mix make this an attractive asset for investors seeking a well-positioned property with proven appeal for both office and retail users.
Listing Contacts
Listed by ACRE Real Estate Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$146,042.00
$12,170.17/mo
Valuation Metrics
0
DSCR
6.95%
Cap Rate
6.95%
ROI
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