3105 31 Avenue

$1,099,000

10221577
MLS#
7345 sqft
sqft

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Description

With an unbeatable location and 5.75% cap rate, this desirable commercial property is the ideal investment. Situated adjacent to the newer SQM building, in the heart of downtown with lane access and abundant parking, the highly exposed space boasts a fresh exterior and partial interior renovation. With four retail spaces and four professional office spaces above, this low-risk property comes complete with 8 leases in place, including multiple Law firms, Notary, and an Engineer, Design, and Draft firm. Two basement areas under the retail space for extra storage. Recently upgraded exterior sidewalks and unmatchable storefront exposure complete this ideal investment package.

Overview

  • Price $1,099,000
  • MLS # 10221577
  • Age 1972
  • Size 7345 sqft
  • Exterior Stone
  • Water Municipal water
  • Sewer Municipal sewage system
  • Listing Office RE/MAX Vernon Salt Fowler
  • View Mountain view

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