Average square foot calculated using Size range provided by listing agent.
Description
SALE, LEASE, OR OPTION: Exceptional opportunity for an owner-user, investor, or both! This prime property boasts high-visibility Highway 160 frontage and signage, featuring 35, 000 square feet of land and a 13, 200 square foot building. Whether for a single or multiple tenants, this is a high-income producing asset priced drastically below replacement cost at just $25 per square foot—offering significant value-add and redevelopment potential. With rising construction costs, limited availability along Highway 160, and major new developments underway in Monte Vista, now is the time to own a premier location ideal for growth, expansion, and new tenant entry into the SLV market. The seller is open to leasing all or part of the land/building and welcomes all viable purchase offers, seller financing, or joint venture development proposals. A current market rent analysis supports a strong double-digit estimated ROI of 15%, making this a compelling capitalization and return on investment opportunity.Show Description
MLS® Number2069736
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1964
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/C
Heating Fuel
Extras
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