716 10th Street

Downtown

716 10th Street

Region: Downtown
Use: Office / Retail
Lease or Sale: Lease & Sale
Building Size: ±9,600 SF
Sale Price: $2,175,000
Leasable SF: 1,100 - 2,934 SF
Lease Rate: $1.50 / SF / Month

The incredibly well located and highly versatile office/retail building presents a unique opportunity for a small business owner or a strategic add-value commercial property investor.

The ±9,600 SF building is comprised of three stories. The ground floor is currently vacant with ±1,100-2,200 SF suites available with the 2nd and 3rd floors occupied. The two occupied floors have been long term tenants to the property and have universal tenant improvements in each suite. The ground floor would be suitable for a user looking to purchase an incredibly well located office surrounded by desirable amenities within the Downtown submarket.

The current ownership has explored and discussed with the City Planning Department about the addition of adding multifamily residential units on top of the current building. This add-value, new build component would add approximately ±8,000 SF of additional space with 5 micro apartments per floor. The units are estimated to range between ±350 and ±400 SF each.

Suites

Unit: Ground Floor - Max Contig
Size: 2,934 SF
Rate: $1.50 SF/Month
Lease Type: Full Service

Unit: Ground Floor - Min Divisible
Size: 1,100 SF
Rate: Negotiable
Lease Type: Full Service

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