507ouellette

507-519 Ouellette (Area 2 - Downtown)
Asking Price: $529,900 or lease starting at $2/ft
9000 square feet building (4500 each floor) (approximate)

1st floor consists of 3 units:

2200 sq.ft. long term tenant (Bistro Bar)
1100 sq. ft. vacant unit with mezzanine and basement asking $400/month + taxes (approx $600/mth)

1100 sq. ft. unit with mezzanine and basement with tenant

EXCELLENT OPPORTUNITY TO START YOUR OWN BUSINESS IN THIS PRIME DOWNTOWN GROUND FLOOR LOCATION. APPROX 1100 SQ FT W/ONE BATH. JUST NORTH OF WYANDOTTE. UNIT HAS BSMT FOR STORAGE. HIGH CEILINGS, WNDW A/C, ELECTRIC BASEBOARD HEATERS. HIGH TRAFFIC LOCATION. LOW RENT OF $400/MTH + TAXES OF APPROX $600/MTH. IMMED POSS.

2nd floor consists of 1 unit:

4500 sq. ft. open space (3 bathrooms) asking $900/month + taxes (approx $900/mth)

EXCELLENT OPPORTUNITY TO START YOUR OWN BUSINESS OR PRIME OFFICE LOCATION IN VISIBLE DOWNTOWN LOCATION. STEPS TO WATERFRONT. HIGH TRAFFIC. MANY USES PERMITTED & JUST REQUIRES OWNER IMAGINATION. APPROX 4500 SQ FT IN THIS 2ND FLR SPACE. 3 BATHS. APPROX $2/SQ FT + TAXES OF APPROX $900/MTH. CAN BE DIVIDED. OFFICE, PROFESSIONAL, SALONS, TRAVEL, STUDIO. IMMED POSS.

-building has undergone recent improvements
Taxes: $29,500 (2009 approximate)
Lot Size: 63 x 75 (approximate)
Possession: Immediate
Parking: N/A

Description:

PRIME OPPORTUNITY TO OWN A GREAT BLDG IN A DOWNTOWN LOCATION JUST NORTH OF WYANDOTTE & IN HIGH VISIBILITY SPOT. PERFECT TO RUN YOUR OWN BUSINESS IN APPROX 9000 SQ FT OF SPACE. (LONG TERM TENANT IN APPROX 2200 SQ FT) OR EXCELLENT INVESTMENT OPPORTUNITY. SOLID BLDG & PRICED TO SELL. 2 FLRS APPROX 4500 EACH FLR. CURRENTLY ASSESSED AT $565,500. CONSISTS OF 1-4500 SQ FT UNIT, 2-1100 SQ FT UNITS & 1-2200 SQ FT UNITS

Directions:

Ouellette Avenue north of Wyandotte (click for map)

Pictures: