2523 J Street

Turton Commercial is pleased to market for sale 2523 J Street, a mixed-use office and retail building located in the heart of Midtown. The Property is a two-story building constructed in 1962 and features seven separate offices and retail spaces measuring between 400 and 1,000 SF. The Property is currently 63% occupied with three contiguous office spaces on the second floor totaling 1,580 SF available for an owner-user to occupy at closing. Notable features or upgrades include seven gated and secure parking stalls with access from Improv Alley, new electric metered, updated bathrooms, all units have separate meters thus tenants pay their own electric costs, and the entire building is secure with keypad entry points. The Property is listing for sale at $1,400,000 which equates to a 7.80% cap rate on pro-forma income and expenses.