Great investment opportunity for this medical office building leased to Munson Hospital. Munson recently signed a 5-year renewal giving an investor the opportunity for an 8.1% cap rate. Building is in good condition with a new roof in 2022. In addition to the 5,936 SF of first floor medical space there is a full basement with an additional 2,000 SF of finished space. The building sits on a lot that encompasses an entire city block from with frontage on North Down River, Rose, Erie & Vine. There is a huge parking lot and the lot is large enough to support building additional buildings.
| Property Type | Commercial-Other |
|---|---|
| Year Built | 1971 |
| Listing ID | KHRGJ3 |
| MLS ID | 1923947 |
| Style | Other Style |
| Building Size | 5,936 SF |
Directions: On the south side of W North Down River Rod between Smith & Rose Streets.
| Water: | Well |
| Heating - Fuel Type: | Gas |
| Cooling: | Central A/C, Zoned A/C |
| Exterior Description: | Brick |
| Roof: | Rubber |
| Heating Type: | Forced Air |
| Road Type: | City / Town Street |