57 Martin Luther King Dr

PRICE FURTHER REDUCED TO $677,112 ($89.00/PSF) INVESTMENT OPPORTUNITY (1/2 Building Leased to Mercer Medicine) 7,608± SF Multi-Tenant Medical Office Building Building Overview - Total Size: 7,608± SF - Site Size: 0.90 Acres - Configuration: Divided into two units - Year Built: 2000 - Construction: Brick veneer - Roof: Asphalt Shingles (replaced 2021) - Floors: Carpet and tile - Lighting: Fluorescent - HVAC: Four units - Fire and Alarm System: Installed - Fenced rear courtyard - Shared parking: Front and side of building - 2024 Property Tax Bill: $4,550 Unit 1: 3,750± SF (Leased) - Tenant: Mercer Medicine - Base Lease Rate: $3,200 per month Unit 2: 3,858± SF (Available) - Reduced Lease Rate: From: $11.00/PSF To: $9.00/PSF (Monthly: $2,893.50) Features: - Foyer - Three private offices - Three large open rooms - Kitchen - Storage room - Four restrooms (one with shower) Lease Terms - Landlord pays: Ad valorem taxes and CAM - Tenant pays: All utilities Ideal Uses - Daycare - Dance Studio - Physical Rehabilitation Facility - Medical Supply Sales