FOR SALE
Unique opportunity to acquire an office building for a user seeking approximately 5,300 SF for owner-occupancy. This two-story, urban office building with off-street parking has additional tenants providing income in support of the asking price. The estimated stabilized value of the building is $5,000,000 once the vacant space is filled with a tenant paying market rents. The asking price of $4,395,000 leaves over $600,000 of consideration for a buyer to carry the asset while sourcing a tenant or having cushion to complete a remodel of the space to suit the specifications of the user.
FOR LEASE
This main level professional office space located downtown on the corner of Cottage and Marion offers a beautiful, shared lobby at the entrance of the building. Great opportunity for a tenant to build out their ideal space with potential for a mix of executive offices, open work area, conference rooms, reception/waiting area, etc. Experience the benefits of being centrally located in the downtown business district with lots of on-street parking as well as a private parking lot for employees and clients. The asking lease rate doesn’t not consider amortization of any tenant-specific improvements over a market TI allowance. Any negotiated landlord incentives will be based on tenant’s credit quality and length of initial lease term.
