Jon Bollinger
This listing was posted on Jon Bollinger (via ListedBuy).
$750,000
Valdosta, Historic downtown office building in excellent
Price:
$750,000
Location:
Valdosta, GA
Description:
Historic downtown office building in excellent shape ready for a new owner. Building consists of three floors 95% occupied with single tenant on first floor and individual offices for small businesses on remaining floors. The building has been renovated in recent years with updated restrooms, floors, windows and paint. Each floor has his and her common restrooms, elevator that services each floor and private coded entry rear door. Owner provides electricity, janitorial service, WIFI and water. Building includes a wet sprinkler system in place. Gross for sales 2021- $86,000 which is below market sale and could easily increase by 10 to 15 percent. 8% Cap rate at current GRI based on 30% OPEX Factor. Still available at ListedBuy!
Property Type:
Office Space for Sale
Sq feet:
11,340 sq. ft.
Amenities:
Elevator
For sale by:
By Owner
Agent Name:
Jon Bollinger
MLS Number:
129557
Posted:
January 2 on ListedBuy
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More About this Listing: Valdosta, Historic downtown office building in excellent
Valdosta, Historic downtown office building in excellent is a Office Space for Sales for Sale in Valdosta GA. Find other listings like Valdosta, Historic downtown office building in excellent by searching Oodle Classifieds for Office Space for Sales for Sale in Valdosta GA.
Valdosta, Historic downtown office building in excellent is a Office Space for Sales for Sale in Valdosta GA. Find other listings like Valdosta, Historic downtown office building in excellent by searching Oodle Classifieds for Office Space for Sales for Sale in Valdosta GA.