Mixed-Use Investment - Medical Office & Apartments
Office
for Sale
| Catylist Listing ID: |
30848244 |
| Property Subtypes: |
Office Building, General
|
| Building Size (RSF): |
10,564 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$725,000 |
| Unit Price: |
$68.63 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
12 Spruce St |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/6/2023 |
Overview / Comments
|
Mixed-use investment property with value-add potential. Currently consisting of 7 commercial office units and 2 residential apartments. Large 2nd floor residential 3 bedroom, 1.5 bath unit and recently updated 1 bedroom, 1 bath unit, below market rents. Quiet building, very easy to manage. 2,514 SF of currently vacant medical office space ideal for owner-user or new tenant. Updated mechanical systems. 0.50 acre lot with large on-site paved parking lot. Excellent opportunity for investor or owner-user.
|
Additional Details
| Nearest MSA: |
Augusta-Waterville |
| County: |
Kennebec |
| Tax ID/APN: |
00038 00150 00000 |
| Zoning: |
BP |
| Site Description: |
HVAC: central A/C
Const.Type: aluminum siding/wood shingle |
| Number of Stories: |
2 |
| Year Built: |
1835 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,831 |
16,221 |
29,774 |
| Median Age: |
39.98 |
43.44 |
43.99 |
| Households: |
2,870 |
7,715 |
13,344 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
|
