MLS Number 4803245
- Acreage 0.05
- NOI 55942
15 CENTRAL is considered the superior retail location in Woodstock Village with two of the most creative and successful businesses as anchor tenants. The second floor offer 4 office suites with exterior windows and access to a metal fire escape in the rear of the building exiting into a paved parking area. The third floor was the long time office space for highly regarded Ertel & Associates Architects. This space is currently vacant, as the principal has retired and is available for lease or conversion to residential use with covered porch access to the metal fire escape. CAP rate is a stable 6+ with room to increase by adapting the third floor to residential in a zero vacancy environment.
Listed by Laird Bradley of Williamson Group Sothebys Intl. Realty