Investment Overview
An opportunity for an owner/user or investor, this beautiful building is an impressive 104-years-old and combines a classic industrial feel with time-tested construction.
The multi-tenant office/warehouse is ±76% occupied and generating rental income, presenting an opportunity for an investor to bring additional value by leasing the vacant portion. Or the versatile property could be utilized by an industrial / manufacturing / distributing user looking for space in Mid City
The current tenant is Capital Area Corporate Recycling Council.
Investment Highlights
- Opportunity Zone Designation
- Located in the Downtown Development District
- Historic, 104-year-old Warehouse
- $125,000 spent on roof replacement and other improvements in 2006
- 0.33 Miles from I-110 & Downtown