Utilities: Heating Common, Electric Common, Hot Water Common
Address: 237 2nd Avenue SW
Neighborhood: Original Townsite Cambridge
Attention Investors! Original Isanti County Court House completely remodeled into commercial offices with distinction. Multiple office spaces with quality tenants and extended leases. Excellent investment opportunity with an 11.5% Cap Rate based on the current NOI and room for growth by filling vacancies. The elevator offers accessibility to the main floor and second floor, three new forced air furnaces and central A/C units were recently added, audio/video class 5 wiring throughout the building, 11' high ceilings, exterior sign marquee, 10 private parking spaces with adjacent city owned parking lot and ample on-street parking, and manicured lawn and shade trees. Fabulous downtown location in the growing city of Cambridge with easy access to dining, services, public transportation, and parks!
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