889 Grand Ave

Grand & Victoria, in the heart of Grand Ave Retail & Office activity.$40,000 Reduction - Motivated Seller! Results Commercial is pleased to present 889 Grand, a Beautiful Mixed-Use Victorian Building at the heart of Grand & Victoria. The building has been very well-cared for with many updates over the last 16 years on both the exterior and interior. Currently owned by an Investor (Heartwood Offices) and leased to individual office Tenants with great flexibility for an investor or owner/user. Immediate space available for an owner/user to move in the day of closing. Very strong rental history with several long terms tenants. Dedicated 4 car parking lot plus a single stall garage in the rear. Very generous BC (Community Business) zoning with many uses possible including office, retail, residential, live/work, day care, and much more. The lower level is finished and leased to a single tenant (Med Spa) with a restroom and common area kitchen for all Tenants. The 1st floor has 3 spaces, with 1 very large space that could become 2 offices. One space on the 1st floor is currently Owner/Occupied and will be vacant/available at closing. The 2nd floor has 4 offices with one currently vacant/available and a full bathroom. The 3rd floor is unfinished, but has potential as a value-add component to become finished space. Most all offices have excellent natural light and wood work with lots of stained glass and character throughout. Approximate total building square footage of 3,315 SF with an 808 SF lower level, 891 SF 1st floor, 808 SF 2nd floor, and 808 SF unfinished 3rd floor. About 2,507 square feet of finished space. Some of the capital improvements during ownership include newer 200 amp upgraded electric, Central Air Conditioning added in 2008, new roof September of 2011, new siding summer of 2014, boiler is about 15-20 years and is regularly serviced and water heater is about 10 years old in good condition. Listing broker to provide all tours. Please reach out for a Non-Disclosure Agreement (NDA) to be signed prior to receiving financials and touring.