Welcome to the Vernon House at 60 Declaration Drive, a distinguished two-story office building nestled in the vibrant community of Philadelphia Square. This remarkable property, constructed in 1989, offers a total of four fully occupied units. This property is an excellent fit for investors seeking a sound income-generating asset that radiates professionalism and functionality. Located in a planned development area, the property benefits from its strategic positioning close to main thoroughfares, offering easy access for commuting and business operations. With a proforma Capitalization Rate of 6.53%, and an actual of 4.38%, this building could be an appealing investment opportunity, with a stable return. Invest in your own piece of Philadelphia Square!
SN24076812
Office, Business Opportunities, 2 Story
Butte
1989
0.53
Acres
Public
2
Stucco,Wood
6,404
Sq. Ft.
Electricity Connected,Phone Connected,Sewer Connected,Water Connected
1 Total
Detailed Room Information
- Laundry
- None
Interior Features
- Cooling
- Central Air
- Heating
- Other. Central.
Exterior / Lot Features
- Parking
- 21 Parking Spaces. 0 Covered Parking Spaces.
- Exterior
- Wood, Stucco
- Lot Dimensions
- 170x152
- Zoning
- OC
- Topography
- Level
- Fence
- None
- Additional Exterior/Lot Features
- 2-5 Units/Acre,Lawn,Level,Sprinkler System,Street Level,Flat.
Financial Considerations
006210090000
$7,358
Cash
Loading...