72 Suttle "B" Street , #2 (Aka "B" )

Description

72 Suttle Street Condo "B" is a 1,148 sq ft professional office on the main level (no stairs handicap front and rear access) located in the Bodo Industrial Park multi-unit commcercial building with plentiful non mtered parking. Good investment with rent increasing every year, plus secured by a professional long term lease to Dominic All-Heart Couseling. Currently for leased for $1,256.00 per month Triple Net until March 31, 2025 with a option to renew. Office has reception area plus both treatment and physycian rooms, with 1/2 bath. The 2023 $15,072.00 per year "Triple Net" gross income increases 3% annually on January 1st of each year. Designated Handi-cap parking in front of condo with plenty of non designated parking spaces onsite, and high speed internet access. Priced below the cost of construction the owners want to provide 3rd party seller financing terms to a qualified purchaser, with 20% downpayment, at a 6% interest rate, amortized over 20 years, and service by an escrow company. Safe long term investment in a quality Class "A" Building with many professional businesses offered at below market interest rate.