EXCELLENT DOWNTOWN ST THOMAS MEDICAL OFFICE LEASED TO THE SAME TENANT FOR OVER TEN YEARS, WITH A NEW 2 YEAR EXTENSION ON THE EXISTING LEASE EFFECTIVE DECEMBER1ST,2024 THIS IN AN EXCELLENT INVESTMENT PROPERTY. IT HAS BEEN COMPLETELY RENOVATED INTO OFFICES ON BOTH LEVELS FOR THE CURRENT TENANT. THERE IS ALSO A NEWER ROOF. TENANT IS RESPONSIBLE FOR ALL EXPENSES INCLUSIVE OF REALTY TAXES AND INSURANCE. NET INCOME TO THE LANDLORD OF $49,800.00 PER YEAR. LANDLORD RESPONSIBLE FOR ROOF, REPLACEMENT OF HVAC IF REQUIRED AND STRUCTURE. (id:47423)
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Detailed Information
Lot
20.75 x 126.08 ft
Listing Contract Date
2024-09-06
Location Description
TALBOT EAST
Property Type
Office
Transaction Type
For sale
Zoning Description
C-1 DOWNTOWN COMMERCIAL
Business
Business Type
Other
Business Subtype
Professional office(s)
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air
Type
Offices
Utility Water
Municipal water
Land
Total Size
20.83 x 126.13 FT ; 20.83 X 34.60 X0.41 X94.73 X20.83 X126.1
Size of Irregular Land
20.83 x 126.13 FT ; 20.83 X 34.60 X0.41 X94.73 X20.83 X126.1
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