$100k PRICE DROP. Attention business owner, professional or investor. This building offers many opportunities. The first floor is 2200 sq ft. Mid point on the floor is a large ADA compliant bathrm , walk up 4 steps and walk into a open area that could be used for desks or a conference room. Continue further back and there is a 2nd open area with used a a conference room and an office at the very end of the floor. In addition to the rear office there is also a small kitchen that is being used as storage for now at the rear end of the bldg. Utilize the whole floor for your business or partition off part of the floor and rent the space out other independent businesses or businesses that "compliment" your business. Besides the front entrance the is 1 side entrance to the 1st flr off of Chandler St. Another potential space for your business is the finished lower level located in the middle of the building. The lower level has 2 bath rooms. There is access to the lower level via the 1st flr office or via the Chandler street . You could potentially just "rent out" this lower level. Additional space exists on the lower level (front of bldg). This is unfinished ..good for storing files, materials etc. The mechanicals are also on the lower level to the rear of the building . You want more potential income? On the 2nd flr you have 2 apartments. The "front" apartment is rented for 1000/month and is approximately 1400 sq ft.. It is a 2 bedroom apartment with a "sun room" that could be converted into a "3rd" bedroom. Kitchen & bathroom were updated and the tenant keeps the unit in order. The rear apartment is 800 sq ft and tenant is paying 600/month. There are separate washer & dryers for both units. They are great tenants but rent is below the market average. There are 2 weil mclains boilers for the apartments. The apartments have their own hw tanks and the office does too. There are 3 Lennox heaters (3 zones + CA). The roof (slag) is 10yrs old. You also have 10+ car parking lot with 2 entrance access. There is an entrance on Chandler and Castor. Do your due diligence and maybe you could add a 3rd level to the building, more apartments or additional office space. Doctors office, Insurance Office, Law firm, Title co, Real Estate office, Home health care office...there are many potential uses for this location. Public trans is available on Castor Ave. 2-3 minutes to Cottman Ave or RT 1 the location is prime for your employees and customers.
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Courtesy of: RE/MAX Access Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 18th May, 2022 8:13 AM (UTC)
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