Catylist ID: #30329543
Great Little Office Investment In Venice!
Office for Sale
|Catylist Listing ID:||30329543|
|Property Subtypes:||Business Park, Office Building|
|Building Size (RSF):||3,226 SF|
|Gross Building Area:||See Agent|
|Property Use Type:||Investment|
|Building Name:||Southbridge Professional Park|
|Sale Terms:||Cash to Seller, Owner Financing|
Overview / Comments
Great little investment opportunity!
Two parcels, overall 3226 sf covers 11 individual offices. Total potential gross income +/- $55,000 a year. Current expenses total +/- $24,000 a year, and sales tax, gives a NOI of +/- $27,250 or over 9% return!
Zoned Commercial General enabling many business activities. Building is easy to manage and has had a BRAND NEW roof in 2018. You have a total of 11 offices - 6 downstairs and 5 upstairs. Also downstairs you have a waiting area, kitchen and bathroom. Upstairs there's an additional bathroom including shower. Water is included in the association fees. Rent schedule available on request.
Come and see this well run operation which is ready for a new owner! Potential owner financing available, subject to agreed terms.
LEASE OPTION available for individual units ranging from 110-525 SF with rents from $400-800 per month.
All information owner provided and you should carry out your own due diligence.
|Nearest MSA:||North Port-Sarasota-Bradenton|
|Tax ID/APN:||0433031306 and 9|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Air Conditioning:||Engineered System|
|Zoning Description:||Commercial General|
|Proximity:||1 mile||3 miles||5 miles|
Ivan J GouldRE/MAX ALLIANCE GROUP
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