Overview / Comments:
11,200 SF Multi-Tenant Industrial oriented facility with Fenced Parking / Storage.
Currently partitioned to accommodate 4 tenants and fully occupied. 2 of the 4 occupied units are on month-to-month rental agreements. A new owner may occupy 2 of the 4 units in a short time frame or adjust rents to market rates.
6.8% cap rate with room for improvement.
The entire building is elevated to accommodate a “low-boy” type truck (not full loading dock height). with loading ramps to the north and south units allowing grade level loading.
Oversized fenced/paved parking / storage lot is located to the rear (east) of the building.
May also be sold with 510 6th Ave E (11,348 SF building on a 0.6198 AC site) located to the north of the 715 5th St E property.