Listed by Hancock Real Estate
$6,100,000
925-935 Commercial St SE
Details
Property Type Office
Sub Type Traditional Office
Square Footage 27,748
Cap Rate 6.50%
Occupancy 70.37%
Tenancy Multi
Class B
Stories 3
Acreage 1.150
Zoning Mixed-Use I
Investment Type Stabilized
Office | 6.5% CAP | 27,748 SqFt
Marketing description
Office investment property offered at appraised value, a 6.5% cap rate. The three-story, multi-tenant 27,748 SF office building provides a professionally managed range of suite sizes and configurations for professional office users. The property includes ample on-site parking on 1.15 acre with access from both Commercial Street and Saginaw Street and is zoned Mixed-Use I.
Investment highlights
- Elevator served building
- High visibility corridor
- Zoned Mixed Use III
- Cap rate: 6.5%
- List price: $6,100,000
Listing Contacts
Listed by Hancock Real Estate
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