Listed by NAI CIR
$1,975,000
400 Market Street
Details
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 20,146
Units 6
Class B
Year Built 1936
Buildings 1
Zoning CBD-Commercial
Sale Condition For sale by owner
20,146 SF Office Investment
Marketing description
This two (2) story commercial building offers a versatile mix of leased suites and vacant space, creating an excellent opportunity for both investors and owner-users. The first floor consists of five (5) suites ranging in size from 1,500 SF to 3,000 SF. The second floor is occupied by a long-term tenant. Existing tenants provide in-place income while the available suites allow an owner to occupy a portion of the property or lease additional space to increase cash flow. The flexible layout accommodates a variety of professional office or commercial uses, making this an attractive investment with immediate occupancy potential and long-term value.
Investment highlights
- 20,146 SF office investment property for sale
- Opportunity for owner/user with vacant suite on first floor
- Prime downtown location
- Cap rate 8.16%
Listing Contacts
Listed by NAI CIR
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