Listed by Callander Commercial
$850,000
3250 W Centre - Condo
Details
Property Type Office
Sub Type Traditional Office
Square Footage 4,776
Units 1
Cap Rate 8.72%
NOI $74,094
Occupancy 100%
Price per SqFt $178
Year Built 1994
Year Renovated 2024
Buildings 1
Stories 2
Zoning OS-1
Office | 8.72% CAP | 4,776 SqFt
Marketing description
Investment opportunity along the high-traffic Centre Avenue corridor with excellent visibility and convenient access. This newly renovated, well-maintained office condominium is currently leased to Stewart Title d/b/a Devon Title, providing immediate, stable income. Located within a shared building alongside Horizon Bank, the property features ample on-site parking and updated mechanical systems, supporting long-term reliability and minimal capital expenditure. Businesses not for sale.
Investment highlights
- Leased / Investment Opportunity
- Prestigious location on West Centre Street near US 131
- Excellent signage, access, and visibility
Listing Contacts
Listed by Callander Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,094.00
$6,174.50/mo
Valuation Metrics
0
DSCR
8.72%
Cap Rate
8.72%
ROI
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