On the Market: 5 Interesting Listings for June
This month’s listings include a boutique resort surrounded by tropical gardens in West Palm Beach, Fla.; an inexpensive, historic multifamily building in Ohio; and a former fire house in Fulton Market, Chicago.
On the Market is a monthly department curating the most interesting recent for-sale CRE assets for less than $10 million. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Associate Editor Roxana Baiceanu.
6500 66th St., Pinellas Park, Fla.
6500 66th St. N
Location: Pinellas Park, Fla.
Price: $8.5 million
Building Size: 36,024 sqft
Property Type: medical office
Year Built: 2003
Highlights: This medical office includes an 8,538-square-foot ambulatory surgery center which includes two operating rooms, one procedure room and a pharmacy; the building also includes a physical therapy center and has an adjacent parking lot accommodating up to 30 vehicles; the property sells fully furnished and partially equipped (two 2017 X-Ray machines).
Contact: Mark Allen, Commercial Real Estate Professionals, 407-737-9797
621 Main St., Zanesville, Ohio
621 Main St.
Location: Zanesville, Ohio
Price: $249,000
Building Size: 13,158 sqft.
Property Type: Retail
Year Built: 1900
Highlights: This historic building is listed on the National Register for Historic Places; includes antique shop on first floor and a third-floor apartment; business can be included in the purchase price; can be converted into multifamily or mixed-use; rear parking lot not included in sale.
Contact: Kim Benincasa, NAI Ohio, 740-819-4619
1608 Lake Ave., West Palm Beach, Fla.
1608 Lake Ave.
Location: West Palm Beach, Fla.
Price: $2.5 million
Building Size: 6,245 sqft.
PP/SQ. FT: $399
Property Type: Hospitality
Year Built: 1924
Highlights: Once a home designed in a Spanish Mediterranean style, the property has been restored and transformed into a small resort; it comprises three buildings totaling 10 keys, a large foyer, living room, former dining room and a breakfast loggia, a family room off the kitchen, outside terraces overlooking the swimming pool and vast tropical garden; the property has wood and terracotta floors, arched doorway and well-preserved architectural details throughout.
Contact: NV Realty, 561-721-2626
4109 Wake Forest Road, Raleigh, N.C.
4109 Wake Forest Road
Location: Raleigh, N.C.
Price: $2.7 million
Building Size: 34,000 square feet
Property Type: Office
Highlights: zoning laws allow for office, retail and some residential up to four stories; 1.5-acre site; less than one mile from Duke Raleigh Campus and Interstate 440; retail and grocery within walking distance; the building has undergone renovations in 2017.
Contact: Gillooly & Associates Realty
459 N. Wolcott Ave., Chicago
459 N. Wolcott Ave.
Location: Chicago
Price: $3 million
Building Size: 12,000 square feet
Property Type: Office
Year Built: 1875
Highlights: located in the desirable West Fulton Market; 14-foot clear heights on the first floor and 12-foot clear heights on the second floor; completely renovated including new hardwood floors, game room with floor-to-ceiling windows, wide doorways between sections; antique details have been preserved.
Contact: Brian Ripp, Strauss Realty, 773-736-3600.
Images via Google Street View
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