List Price: $3,295,000
Approximate In Place NOI: $248,000 Per Year
Rare opportunity to purchase a multi building portfolio in the University Corridor. The improvements consist of Four total buildings with access on Maple St and Adams St. Approximately 20 off-street parking spaces are provided in the interior of the site. The buildings are well maintained and have stabilized, in-place cash flow. The location and its proximity to both the surrounding neighborhood and the Universities provide for future stability and rent appreciation. Extremely high barriers to entry. Potential for future additional site development. Financial Information available upon request with qualified interest and upon execution of NDA.
Total GBA: 8,583 SF – 100%Occupancy
Total Site Size: 18,630 SF
Zoning: HUB-1 Historic Urban Neighborhood Business District
Tenant Mix:
- 7716-7618 Maple Street – Approx. GBA: 2,300 SF
First Floor Retail Boutique – SWAP
Second Floor Apartment – 3 bedrooms
- 7712 Maple Street – Approx. GBA: 550 SF
Single Story Café Space – Zo’Jo Cafe
- 7708 Maple Street – Approx. GBA: 1,800 SF
Single Story Restaurant Space – Chais Delachaise
- 714 Adams Street – Approx. GBA: 1,065 SF
Retail Bay – The Model Suites
- 716 Adams St – Approx. GBA 2,910 SF
Executive Office Suites – Multiple Tenants
For further listing information, or to schedule a showing, please contact Troy Hagstette (504.251.5719)
