AVAILABILITY DETAILS
- Size
- 24,500 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA543224
- Notes
- 4 story income producing property located in the heart of Shawnee on Main Street with huge value add potential. The first floor has been redeveloped and is currently occupied by 5 retail and office tenants providing for a current estimated cap rate of 8.15%. By redeveloping the remaining three floors, an investor could dramatically increase the returns from the property. Shawnee has focused on breathing new life into Main Street with new sidewalks and parks making this a great opportunity to continue the revitalization of the area. The owner has installed new full glass retail frontage windows along Main and in May 2024, completed applying a new 25 year roof coating. Come check out this historic piece of Main Street!
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Ryan Gilliland, Adept Commercial Real Estate, LLC
BRE# 185009