57 Martin Luther King Drive

Highlights:

• Annual Tax: $ 4550.0
• Max Contiguous Area: 7608.0

Description:

PRICE FURTHER REDUCED

PRICE FURTHER REDUCED TO $677,112 ($89.00/PSF)
INVESTMENT OPPORTUNITY (1/2 Building Leased to Mercer Medicine)
7,608± SF Multi-Tenant Medical Office Building
Building Overview
- Total Size: 7,608± SF
- Site Size: 0.90 Acres
- Configuration: Divided into two units
- Year Built: 2000
- Construction: Brick veneer
- Roof: Asphalt Shingles (replaced 2021)
- Floors: Carpet and tile
- Lighting: Fluorescent
- HVAC: Four units
- Fire and Alarm System: Installed
- Fenced rear courtyard
- Shared parking: Front and side of building
- 2024 Property Tax Bill: $4,550
Unit 1: 3,750± SF (Leased)
- Tenant: Mercer Medicine
- Base Lease Rate: $3,200 per month
Unit 2: 3,858± SF (Available)
- Reduced Lease Rate: From: $11.00/PSF To: $9.00/PSF (Monthly: $2,893.50)
Features:
- Foyer
- Three private offices
- Three large open rooms
- Kitchen
- Storage room
- Four restrooms (one with shower)
Lease Terms
- Landlord pays: Ad valorem taxes and CAM
- Tenant pays: All utilities
Ideal Uses
- Daycare
- Dance Studio
- Physical Rehabilitation Facility
- Medical Supply Sales

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Listing ID: c99dfc12-374e-48f2-a23f-3c440c0b7ea7

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