420 12th Avenue SE Floors 2 & 3
STUDS IN-REAL ESTATE WITH A 95% TIF FOR SALE - FLOORS 2 & 3
Marketing description
STUDS IN-REAL ESTATE WITH A 95% TIF FOR SALE Depot Building B Commercial Space floors 2 & 3 located in the NewBo Arts & Entertainment District. Unique opportunity with excellent walkability, incredible corner visibility, signage, monument and oversized commercial windows. Build out plans available. 2 entrances- one South facing 12th Avenue (16,800+ cars / day, Source AADT) and another in the parking lot adjacent to the Newbo Market. Each floor individually owned and parceled, floor 2- 5,000 sq ft, floor 3- 5,000 sq ft). Secure access, inviting vestibule with sitting area, elevator access- Ambulatory, mail station, industrial modern design, large display, and scenic windows with energy efficient UV film. The building offers exposed duct work, emergency lighting, overhead sprinklers, monitored fire alarms and extinguishers, Fiber internet, and security cameras. Convenient and up to date codes with ADA Compliance, 2 emergency stairwells, 4’6’ common hallway, drinking fountain, mop sink, kitchenette, and break room. Construction plans available with CAD access, concrete walls and flooring, gypcrete between floors 2 and 3 wood framing, and multi zoned HVAC systems and water heaters. Parking option at the front and back of the building. Immediate possession. Pass through expense includes the HOA fee to the Depot and Salon Flats. Monthly HOA fee available.
Investment highlights
- CAD drawings & engineering available
- Restrooms, Janitorial, & Management Option
- Private Interior Mailbox, 2 emergency staircases
- Secure Front Entrance
- Elevator, Overhead Safety Sprinkler System
- Natural Lighting with large windows
- 10’ Ceiling Height with Exposed Venting
- Concrete Walls, & Flooring, Steel & Wood Framing
- Pella Commercial Energy efficient windows
- Fiber Internet and cable option
- Each floor is individually abstracted & owned
- 95% TIF schedule available
- ADA Compliant, Ambulatory Elevator
- Common parking lot in front/rear of building
- Security cameras, emergency lighting
- Pet friendly building per Bylaws
- Momument, exterior signage
- Commercially constructed building
- Build out plans available for interior remodel
- Floor 2 - 5,000 Sq Ft total
- Floor 2 Tax: $17,472, Parcel 142725900701006
- Individual suites and open Salon
- 3 HVAC systems
- Breakroom with kitchenette
- HOA Fee- $1,136.10
- Floor 3 - 5,000 Sq Ft total
- Floor 3 Tax: $17,472, Parcel 142725900701007
- 3 HVAC systems
- Breakroom with kitchenette
- HOA Fee- $1,136.10
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