Well below replacement cost only $129/PSF! Huge add-value opportunity. Waterfront property with WF views of boats/yachts! Seller manage & occupy 3,528sf of space. Currently advertised for lease. Owner can stay but not required. Gross bldg SF is 23,200, 59% occupied, 65 parking spaces, steal/masonry construction, great signage/visibility, high-traffic area, commercial zoning. Current gross income is roughly $197,784 @ ~59% occupancy. Proforma @10% vacancy projection is $350,000+/year EGI. Landlord space remodeled modern. Min average market gross rent is $18-$21+/SF depending on space size & lease term length. Vacant space needs minimal buildout; carpet, drywall, baseboards, paint, drop-ceiling tiles. Option to buy newer office furniture. Seller replaced cooling tower on roof. Improvements:

Listing provided courtesy of Regency Realty Services.
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