The total real properties for sale is located in one large commercial block area consisting of 4 different office buildings and one vacant lot. One of the properties is a retail warehouse with an existing commercial retail tenant, which has been at the location for over 55 years or more.
The other properties are currently vacant commercial retail office and warehouse buildings, which can be rented out to new commercial tenants by securing market rental agreements. Visibility and demographics for this area are supportive of securing new commercial tenants. Several of the buildings have had renovations completed in the last 3 years.
All of the properties for sale have recent appraisals completed and can be provided to potential buyers subject to approval or proof of funds. These are great properties for buyers who have 1031 funds for investment while increasing their return on investment securing new commercial tenants.
