Catylist ID: #30499092
REDUCED AGAIN! Great Value Add Opportunity In Gulf Gate
Office for Sale
|Catylist Listing ID:||30499092|
|Property Subtypes:||Executive Suites, Medical, Mixed Use, Office Building, Research & Development|
|Building Size (RSF):||6,523 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$88.15 PSF|
|Property Use Type:||Investment, Vacant/Owner-User|
|Class of Space:||Class B|
|Sale Terms:||Cash to Seller, Owner Financing|
Overview / Comments
PRICE REDUCED AGAIN! Great building in good condition - with potential for value add at +/- $88 sf ask!
The building consists of 7 suites including 18 office spaces - ideal individual suites for CPA, title company, law firm, architect etc etc. Ample parking to both front and rear of building.
Also suitable for retail uses, given CG zoning!
Current rent roll is +/- $60,000 a year, with many tenants paying well under market rent and on month to month tenancies. Also tenant mix could be improved as many individual offices currently rented, as opposed to full office suites.
Seller financing available on mutually agreeable terms!
Come along and take a look to see what you or your client could do with the space!
All information regarding the property, including but not limited to financial information and projections (e.g., cap rates and valuations) are based on information from a variety of sources including but not limited to public records and owner-provided data. While information is believed accurate, neither the listing agent or broker make any representation or warranty as to its veracity and completeness, and you should not rely upon it without conducting your own due diligence.
|Nearest MSA:||North Port-Sarasota-Bradenton|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Air Conditioning:||Engineered System|
|Zoning Description:||Commercial General|
|Proximity:||1 mile||3 miles||5 miles|
Ivan J Gould, PARE/MAX ALLIANCE GROUP
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