Please contact Tom Hulfish for property address and details.
Originally built in the early 1800's, this property contains 10,112 sq ft of gross building area on a 8,193 sq ft lot. In the 20th century it was residential and retail. In the 1970's it expanded into a restaurant, with 4 apartments above.
Since 2003, this two and a half story brick building has been the home of a well-known tenant, who now has extended their lease until 2027, with renewal options beyond that.
The upper level contains one office and three residential units. The rent roll has a projected annual rent of $341,834 giving a 7.35% CAP.
An analysis of the CD zoning of the property has an additional FAR of 2,177 sq ft by right. With a SUP an additional 10,271 sq ft could be added to the rear lot.
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