$875,000
704 1st Avenue N #08
Details
Property Type Office, Mixed Use
Sub Type Traditional Office, Executive Office
Square Footage 20,480
Occupancy 44%
Tenancy Multi
Price per SqFt $43
Class A
Year Built 1907
Buildings 1
Stories 3
Acreage 0.190
Zoning Commercial
Investment Type Value Add
Ground Lease No
Office | 20,480 SqFt
Marketing description
Historic multi-tenant commercial building located in central business district with strong visibility & consistent traffic counts. Offering over 20,000 SF, the property features established tenants with additional space for lease-up & future income growth. The fully renovated main floor & portion of the second floor are occupied, while bright upper levels & lower-level space provide flexible leasing options. The building is equipped with 6 separate electrical meters for efficient utility management. Recent capital improvements include a new elevator along with updated windows, roof & tuckpointing. Long-term ownership reflects stable performance & continued value growth, making this an attractive opportunity for investors.
Investment highlights
- Historic multi-tenant commercial building located in central business district with strong visibility & consistent traffic counts
- Offering over 20,000 SF, the property features established tenants with additional space for lease-up & future income growth
- The fully renovated main floor & portion of the second floor are occupied, while bright upper levels & lower-level space provide flexible leasing options
- The building is equipped with 6 separate electrical meters for efficient utility management
- Recent capital improvements include a new elevator along with updated windows, roof & tuckpointing
- Long-term ownership reflects stable performance & continued value growth
- Recent updates include new elevator along with updated windows, roof & tuckpointing
Listing Contacts
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?
