On the Market: 5 Interesting Listings for March
- Mar 28, 2018
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.
2232 Massachusetts Ave. N.W.
Location: Washington, D.C.
Price: $4.3 million
Building Size: 6,500 square feet
Year built: 1900
Property type: commercial/office
Highlights: a four-level townhome within Embassy Row; provides 11 large offices or meeting rooms, a private backyard and an off-street driveway; designers preserved the original doors and moldings of the former vintage construction.
Contact: Andre Perez, District Partners, 202-798-3600
502 S. Oakland Ave.
Location: South Bend, Ind.
Price: $3.3 million
Building Size: 164,405 square feet
Year Built: 1983
Property type: industrial with an office component
Highlights: the property encompasses four buildings on approximated 19 acres of land with more space for future expansion; the office component spans 9,455 square feet; amenities include 14 overhead doors, 27-foot maximum ceiling height, flexible floor plan, metal halide lighting and several cranes.
Contact: Ryan Gableman, Cressy and Everett, 574-485-1502
The Bradley Boulder Inn
Location: 2040 16th St., Boulder, Colo.
Price: $7.5 million
Building Size: 13,045 square feet
Year built: 1994
Property type: hotel
Highlights: downtown location, within walking distance from Pearl Street shops and restaurant venues; encompasses 12 units, a conference center and a large parking lot; units include fireplaces, spa tubs and balconies; operated by the same owner for the past 17 years.
Contact: RE/MAX Commercial
3706 Ruffin Road
Location: San Diego, Calif.
Price: $4 million
Building Size: 8,345 square feet
Year built: 2007
Property type: office/healthcare
Highlights: the building was last upgraded in 2014 and is leased to Osteopathic Medical center (an NNN triple lease); the average CAP Rate is 5 percent.
Contact: Strom Commercial, 619-243-1244
1502 N. Broadway
Location: Santa Ana, Calif.
Price: $2.5 million
Building Size: 6,788 square feet
Year built: 1970
Property type: office
Highlights: the property is a former bank building located at a signalized corner, close to downtown Santa Ana and Main Place Mall, The Orange County Courts, the Floral Park, Bowers Museum and other attractions; provides gated parking and an additional 12 public street parking spaces; it currently accommodates a law office; outside walls are covered by vegetation.
Contact: Fernando Crisantos, SVN, 714-604-5175
Images via Google Street View