Midtown free standing retail building. Solid investment property or excellent retail location for owner/user with flexibility for multiple uses---retail, office, medical. Free standing brick faced building on the corner of Broadwater and 7th St W, interior remodeled in 2010. Front portion is showroom/retail and the back portion has offices, two bathrooms, breakroom and secure storage. 720 sq ft basement provides additional storage and holds the mechanical room. Re-roofing in 2022. Long term tenant, current lease expires 1/31/28, $3800/mo = $45,600 less taxes and ins of $6889 = $38711 or a 7.6% return cash on cash at full price. Monthly rent increases 3% in 2027. Latest traffic count 2023 1 block east 16,070.
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