$475,000
Discover an exceptional investment opportunity with this beautifully renovated commercial office condo property located at 900 S Main in Bel Air just outside the downtown part of Bel Air. Originally built in 1998, this property underwent a major renovation just a few years ago, ensuring that it meets modern standards while retaining its charm. Currently set up as a professional office situated on three levels. Current tenant is paying close to $4,000 per month. Tenant also pays $500/mth condo fee. Landlord pays real estate taxes and insurance. Tenant has 3 years left on the lease. There is a vacant third floor office suite that is separate and that you can occupy for your business or lease out for around an additional $800/mth. The renovations have positioned this property in excellent condition, making it a prime candidate for investors seeking reliable returns. The building features a sturdy brick construction, which not only enhances its aesthetic appeal but also ensures durability and low maintenance costs. The property is situated on a well-maintained lot with lighted, paved, and private surface parking, providing convenience for both tenants and visitors. This thoughtful design element enhances the overall accessibility and attractiveness of the property, making it a desirable location for various business ventures. The property is strategically located in an area with potential for growth, making it an ideal choice for those looking to capitalize on the increasing demand for commercial spaces. The renovations not only modernized the interior but also improved energy efficiency, which can lead to reduced operating costs over time. This aspect is particularly appealing to investors looking to maximize their return on investment. Investors will appreciate the property's excellent condition, which minimizes the need for immediate repairs or upgrades. This allows for a smoother transition into ownership and the ability to focus on tenant acquisition and retention. The surrounding area is poised for growth, providing a promising outlook for future appreciation in property value. In summary, this commercial property at 900 S Main is a remarkable investment opportunity that combines modern renovations, strategic location, and excellent condition. With the potential for strong returns and minimal initial investment in repairs, this property is a must-see for any savvy investor looking to expand their portfolio. Don't miss out on the chance to make this property a cornerstone of your investment strategy.
900 S Main St S Unit #105, Bel Air
Listing courtesy of Streett Hopkins Real Estate, LLC. Contact: 4108797466