Description
VALUE ADD OPPORTUNITY!! Single story, multi-tenant medical office building in a campus like setting near Grant High School, the police station, fire department and little league ballfields. Currently occupied by a primary care physician, podiatrist, Aurora Advocate group, a dermatologist group and some additional space. Additional land is available for expansion. Total of 3.6 acres on a state highway. Priced for approximately the value of the land plus infrastructure improvements (access to highway, driveway and parking lot for 60+ cars, electric, gas, water and sewer hook-ups, etc.) Currently almost 50% occupied, but historically was almost 100% for 40 years. CoVid hurt occupancy and the owner recently had to retire. The property is priced below recent appraisal in January 2022. Great opportunity to add value through leasing up the vacant space and redeveloping the site!
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0BEDS
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3.6ACRES
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0BATHS
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01/2 BATHS
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10,081SQFT
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$59$/SQFT
School Ratings & Info
Description
VALUE ADD OPPORTUNITY!! Single story, multi-tenant medical office building in a campus like setting near Grant High School, the police station, fire department and little league ballfields. Currently occupied by a primary care physician, podiatrist, Aurora Advocate group, a dermatologist group and some additional space. Additional land is available for expansion. Total of 3.6 acres on a state highway. Priced for approximately the value of the land plus infrastructure improvements (access to highway, driveway and parking lot for 60+ cars, electric, gas, water and sewer hook-ups, etc.) Currently almost 50% occupied, but historically was almost 100% for 40 years. CoVid hurt occupancy and the owner recently had to retire. The property is priced below recent appraisal in January 2022. Great opportunity to add value through leasing up the vacant space and redeveloping the site!
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