Higley Building
Office | 5.65% CAP | 57,552 SqFt
Marketing description
Historic, renovated 8 story and 2 story office buildings in the center of downtown revitalization. Many floors and common areas remodeled with long term track record of 85-95% occupancy. Connection to skywalk system plus several tenant amenities. Renovation project recently completed to create ADA restrooms and access, as well as exterior painting of windows, canopy/soffit, new roof and fire escape update. Great opportunity for continued revenue growth. NDA required for qualified buyers. Owners are licensed Real Estate Agents in Iowa.
Directions: 1st Ave to 2nd St SE, to 3rd Ave SE to 116/118
Investment highlights
Virtual Tour: https://www.propertypanorama.com/instaview/cdr/2600222
Building Desc: Multi Tenant
Sale Includes: Building, Land
Ceiling Height: 7ft-10ft, 11ft-14ft
Construction: Frame
Flooring: Carpet, Concrete Slab
Roof: Membrane
Power Available: 220 Volt
Utilities: Electric, Gas
Heating/Cooling: Central Air, Central Heat
Wtr/Swr/Rds: City Sewer, City Water
Additional Info: Copies Lease, Floor Plan
Miscellaneous: Disp Window, Elevator, Fiber, Janitor Service, Rest Rooms, Sec Lighting
Gross Tax: $62,162
Net Tax: $62,162
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