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This building is primarily intended for tertiary use. The ground floor serves as a commercial space with a frontage of 7 meters. The building is spread across nearly 6 floors. It is in close proximity to the elevated metro, providing easy access to the premises. The street itself is commercial and vibrant.
Price | $1,523,358 |
Unit Size | 2,368 SF |
No. Units | 1 |
Total Building Size | < 15,000 SF |
Property Type | Office (Condo) |
Sale Type | Investment |
Building Class | C |
Floors | 7 |
Year Built | 1850 - 1859 |
Unit Size | 2,368 SF |
Price | $1,523,358 |
Price Per SF | $643.31 |
Condo Use | Office/Retail |
Sale Type | Investment |
Cap Rate | 6.67% |
NOI | $101,557.21 |
This is a sale of 4 contiguous floors, ranging from the ground floor to the 3rd floor. The ground floor is designated for commercial use, while the upper floors are intended for office space.
Sale at $1,350,000 with an assumed Cap Rate of 6.67% for an annual rent of $90,000.
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