OUTSTANDING OPPORTUNITY TO OWN 4 RETAIL COMMERCIAL UNITS IN THIS VERY VISIBLE CORNER LOCATION AT KIMBALL AND PETERSON. 7.5% CAP AT CURRENT MONTHLY RENTS COULD EASILY BE 9% CAP. THE 4 STORE FRONTS ARE BEING SOLD AS A PACKAGE. 2 OF THE UNITS HAVE COMBINED INTO 1 AND IS CURRENTLY RENTED TO A SALON. THE CORNER END UNIT HAS A CURVED ENTRANCE WITH LOTS OF LIGHT AND IS RENTED TO A RETAIL STORE. THE B UNIT HAS JUST BEEN VACATED AND MAKES FOR A NICE OFFICE SPACE WITH A LARGE OPEN AREA AND 1 PRIVATE OFFICE/CONVERENCE ROOM. EACH UNIT HAS ITS OWN HVAC, BATHROOM AND KITCHENETTE. TENANTS PAY ALL INDIVIDUAL UTILITES. LOTS OF OPTIONS WITH THIS SPACE. RENT ALL 3 AT A REASONABLE CAP RATE. KEEP 1 FOR AN OFFICE AND CONTINUE TO RENT THE OTHERS WITH ESTABLISHED TENANTS. COMBINE SOME OR ALL UNITS FOR A LARGER COMMERCIAL SPACE DOWN THE LINE. EASY MAINTENANCE BEING APART OF THE PETERSON PARK CONDO ASSOCIATION. ASKING PRICE, TAXES & ASSESSMENTS ARE FOR ALL 4 UNITS COMBINED. TOTAL ASSESSMENTS FOR ALL 4 UNITS IS $395 A MONTH. ASSESSMENTS INCLUDE INSURANCE, REFUSE, SNOW REMOVAL, WATER. EASY TO SHOW DURING STORE FRONT BUSINESS HOURS. VACANT OFFICE CAN BE SHOWN AT ANYTIME.

Listing Courtesy of MRED as distributed by MLS Grid of Compass 773-466-7150



Based on information submitted to the MLS GRID as of 2023-03-31 04:10 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2023-03-31 04:10 PM UTC
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