Overview

Listing ID:#20191872

Building SF:14,500

Parcel Size:1.40 Acres

Price:$1,750,000

Building PSF:$120.69

Property Type:Retail

Date Available:Now

Description

Beltline frontage with signage! This 14,500 SF multi-unit property is available for the first time in 28 years. Currently occupied with 2 tenants - both with a showroom and warehouse - a new owner will benefit from immediate cash flow. Major tenant vacating at the end of 2027 provides the opportunity for an owner to occupy at that time or re-tenant at market rate. Additional warehouse space is also available across Seybold to the south. Property is a condo unit along with one other neighboring condo on the parcel. Take advantage of this irreplaceable location!

Financial Information

Gross Income:$125,054

Total Expenses:$24,571

Net Op. Income:$100,483

Current Tenants:2

Percent Leased:97%

Real Estate Taxes:$12,955

Tax Year:2025

Building Details

Building Type:Condominium

Building Status:Existing

Year Built:1983

Current Use:Building Trades Retail

Number of Units:3

Zoning:Heavy Commercial

Outside Parking:Yes

Outside Parking per 1,000 sf:2

Municipal Sewer:Yes

Docks:Yes

Building Amenities

Break Room:Yes

Conference Room:Yes

Contact Listing Agent

Kevin Visel

608-298-6598
608-556-2088

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