Remarks

Opportunity to own this 9800 sq ft Medical or Professional Office space with 115 feet of highway frontage on 441 . Fantastic income property. This building consists of just under 10,000 sq ft. There are 3 units currently. 1 - 5800 sq ft unit that was leased by a tenant who previously paid $8,000 a month and 2 identical 2,000 sq ft medical offices that rented for $2,600 a month. Building is in excellent condition. The owners had the parking lot repaved and re-striped. The large 5,800 sq ft space can be built out to 2 or 3 units if you want more rental opportunities. This building is located on 441 and has fantastic road traffic and exposure. Rent out the other 2 units for 10% + cap income property. The parking lot will accommodate 60+ vehicles. Lots of options available. Use all 9800 sq ft, Use the 3 separate units or create more units for more income. Great location that is just minutes from the hospital.

Details

MLS#: G5069740
Price: $1,199,000

Style: Office
Sq Ft: 9800
Year Built: 2005

County: Lake
Tax Fee: 15319.08