Average square foot calculated using Size range provided by listing agent.
Description
Prime value-add investment or owner user opportunity located on S. Parsons Avenue, a high-traffic corridor with 19, 300 vehicles daily. Owned since 1993, the property features 194 feet of frontage and 326 feet of depth, with excellent visibility and access for both north and southbound traffic. The site includes pylon signage and comprises four structures: • Office Building: Features a lobby and five offices, currently leased for $2, 000/month by Vice Auto Sales since 2020. New roof completed 2025. • 4-Bay Auto Repair Building: Includes a customer lobby, office, and four outdoor lifts (seven lifts total included in the sale), occupied by Bennett Auto Repair for $4, 240/month (since 2017). • 3-Bay Garage: Includes an office, leased to Bennett Auto for $1, 360/month. • Office/Automotive Building: Features three roll-up doors, occupied by Xtreme Voltage since 2017 for $3, 100/month. • Additional Structure: A 540 SF shed/metal garage for workspace or storage. All tenants are month-to-month, providing flexibility for a new owner to terminate occupancy, renegotiate terms, secure new tenants, or occupy the property. Current total monthly rent is $10, 700. Tenants are responsible for electricity, while the landlord covers water (+ dumpster service for office only), and maintenance of roofs and structures. Bennett Auto plans to relocate upon completion of their new facility, creating an opportunity for an owner-user or new tenant leasing. Seven lifts included in the sale enhance the property value. There is also redevelopment opportunity considering the lot size and zoning. Easement Note A 0.03-acre portion of the property is subject to a 99-year easement held by GSA IV for a cell tower and control building. GSA IV retains a First Right of Refusal (FROR) to match any offer but has indicated no interest in purchasing the property. Offers must be shared with GSA IV as per their easement agreement, with a 30-day response period, though they have agreed to expedite their refusal. Extra due diligence time will be provided to account for GSA’s response.Show Description
MLS® NumberTB8419134
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1958
Stories1
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatCentral, Ductless
A/COffice Only, Central Air, Wall/Window Unit(s)
Heating Fuel
Extras
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