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Additional details
Listed by Ryan Hatch • Silvercreek Realty Group
$1,699,900
Est. payment /mo
9,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,500 sqft
Price per Sqft $178
MLS Listing ID 98943892
HOA Y/N No
Year Built 1986
Lot Size 0.700 Acres
Acres 0.7
Source IMLS 2
Property Description
Iconic Office Building on Prime 17th Street!! Recently Remodeled Interior, Featuring a Great 5-year Lease and Excellent Cap Rate. Prime Location, and Stable Investment. Building is 95% Leased Out to a Single Healthcare Organization on a 5 Year Lease at $156,000 Per Year. With Expenses, That is Nearly a 7.33% Cap Rate With That 1 Tenant Alone. There is a Second Tenant Paying Month to Month an Additional $1,500 Per Month, Increasing That Cap Rate to nearly 8.39%; This Space Could Be Vacated for the Buyer to Owner Occupy, It is a Very Nice Executive Suite. Great Investment Property!!!! This Property is Agent Owned, There is an Adjacent Property That Might Be Available as Well
Location
State ID
County Bonneville
Area Out Of Area - 2000
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Building
Lot Description 1/2 - .99 Acre
New Construction No
Others
Tax ID RPA1010001001O
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