ACTION REALTY COMPANY
Listed by ACTION REALTY COMPANY
$395,000
589 SE DD Highway
Details
APN 11-7.0-35-001-003-001.00
Property Type Retail, Office
Sub Type Day Care/Nursery, Executive Office
Year Built 1995
Lot Size (SqFt) 30,225
Zoning COM
Retail
Marketing description
Investment opportunity.... Take a look at this Multi-Tenant Commercial Building - Total Building Size: 6,000 SF
Excellent opportunity to acquire a fully leased, income-producing commercial building with strong tenant mix and flexible layout. The 6,000 SF metal-sided building features a new metal roof and numerous interior office updates. The property has historically been configured as six individual suites and can easily be re-divided to maximize future income.
Current Tenant Mix & Income:
Daycare Facility – 3,000 SF (East side)
Rent: $1,500/month
Children’s Counseling Center – 1,000 SF (Center space)
Rent: $800/month
Counseling Office – 2,000 SF (West side)
Rent: $1,300/month
Total Monthly Income: $3,600
Total Annual Income: $43,200
Building Features a flexible floor plan – can be split into six (6) 1,000 SF suites and each would include a private front entrance, rear exit, kitchenette and bathroom(s). The exterior has metal siding and newer metal roof. Many recent office updates and improvements.
Ideal for professional offices, medical, counseling, daycare, or service-based tenants.
Investment Highlights are that there is a stable in-place income. There is value to add potential through reconfiguration into smaller units. Also a strong demand for small office/flex spaces. This would be well suited for owner/user or investor!!
Listing Contacts
ACTION REALTY COMPANY
Listed by ACTION REALTY COMPANY
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