Listed by Almon Commercial Real Estate
$1,093,470
Affordable Office or Medical Building
Details
APN 181324-34018, 34019, 34021, 34026 & 34041
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 10,414
Tenancy Vacant
Price per SqFt $105
Class C
Year Built 1955 & 1975
Stories 1
Acreage 0.830
Zoning B-1
Investment Type Owner/User
Office or Medical | 10,414SF
Marketing description
THIS OFFERING is for the opportunity to purchase an affordable office or medical building in the medical center district near downtown.
The building is divided into an approximately 6,652SF area that was historically occupied by an optometrist and is currently set up for either continued medical or traditional office use with a large dual-side reception area with significant built-ins and waiting areas, 11 private exam rooms of offices, and an approximately 3,572SF area with 7 private offices, bullpen areas and a conference room.
HVAC was recently replaced in the former optometrist area.
Investment highlights
- Offered at only $105/SF, this is a very affordable office or medical building that leaves plenty of room to remodel or make aesthetic updates.
- Offered price is based upon $115/SF attributable to the former optometry area and $92/SF attributable to the remaining area.
- Accessible from 3 arterials with approximately 63 dedicated parking stalls.
- HVAC recently replaced in the former optometry portion of the building.
- Offered price is below tax assessed value of $1,104,550.
Listing Contacts
Listed by Almon Commercial Real Estate
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