Listing Office: Windermere RE/Aberdeen.
Multi-tenant office/commercial building in the CBD. Proximity to banks, post office, etc. Cap rate of 10.88% is actual based on 2019 income/expense. Vacancy higher for April 2020, but have prospects waiting for COVID restrictions to lift. Street appeal, and welcoming interior courtyard. Good choice for tenants desiring a professional atmosphere. Roof recovered in 2013, and four heat pump units replaced in 2007. Converted to office use in 1979, actual building age unknown. Exterior painted 2018.
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Listing information last updated on July 3rd, 2020 at 8:07am CDT.