- For Sale $600,000
- Property Type Office - Medical Office
- Property Size 5,000 SF
- Lot Size 1.2 Acre
- Cap Rate % 11.4
- Year Built 1940
- Date Updated Sep 14, 2026
Description
Rare value-add medical/daycare investment offering existing income with significant upside potential through below-market rents. Daycare tenancy is significantly below market and both leases are month-to-month, providing an opportunity to increase NOI following acquisition. • Corner location at a prominent intersection. • Close to highways, walking proximity downtown businesses, medical and other. • 1.2 Acres Commercially Zoned (Mixed Use 2). • +/-5,000 SF one-story commercial building constructed in 1940 with concrete block construction and steel roof trusses. • 400 Amp electrical service distributed among three meters, propane, municipal water & sewer
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Contacts
Papyrus Business Solutions
Location
Papyrus Business Solutions