Description
This well-maintained two-story CBS structure offers exceptional investment potential with four (4) tenant-occupied office suites, each privately rented and featuring a private half bath and approximately 364 sq.ft. of space. The first-floor units are individually metered and equipped with separate HVAC systems, while the upstairs suites share electricity and central AC. Renovated in 2019, the building boasts luxury commercial vinyl flooring, upgraded bathrooms, and a kitchenette addition in one of the second-floor suites. Total net leasable area is 2,045 sq.ft. Recent improvements include impact-resistant windows, Hardie board siding, and a new roof. Located in the professional hub of Offices at Northside, this property offers excellent visibility, convenient central access, and low-maintenance ownership. Includes Parking and is centrally located to all your business needs. Agent Remarks: HOA $1,626 per month. Covers exterior insurance and maintenance. At the current list price, a new owner could enjoy a 6.8% cap rate. Please email for P&L reports. 2 units are long term leases. 1 downstairs unit is month to month and one upstairs will be availabe for rent 6.1.2025 (tenant will leave earlier for the right replacement) Please contact Bernice Schafer for more details Show: 24 Hour Notice; Call List Agent; LA Must Accompany
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1BEDS
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0.05ACRES
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0BATHS
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41/2 BATHS
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2,045SQFT
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$440$/SQFT
School Ratings & Info
Description
This well-maintained two-story CBS structure offers exceptional investment potential with four (4) tenant-occupied office suites, each privately rented and featuring a private half bath and approximately 364 sq.ft. of space. The first-floor units are individually metered and equipped with separate HVAC systems, while the upstairs suites share electricity and central AC. Renovated in 2019, the building boasts luxury commercial vinyl flooring, upgraded bathrooms, and a kitchenette addition in one of the second-floor suites. Total net leasable area is 2,045 sq.ft. Recent improvements include impact-resistant windows, Hardie board siding, and a new roof. Located in the professional hub of Offices at Northside, this property offers excellent visibility, convenient central access, and low-maintenance ownership. Includes Parking and is centrally located to all your business needs. Agent Remarks: HOA $1,626 per month. Covers exterior insurance and maintenance. At the current list price, a new owner could enjoy a 6.8% cap rate. Please email for P&L reports. 2 units are long term leases. 1 downstairs unit is month to month and one upstairs will be availabe for rent 6.1.2025 (tenant will leave earlier for the right replacement) Please contact Bernice Schafer for more details Show: 24 Hour Notice; Call List Agent; LA Must Accompany
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.