On the Market: 5 Interesting Listings for May

This month’s listings include a modern three-story office building in Fort Lauderdale, Fla., a former school that will be turned into multifamily property, a historic office building and two retail centers.

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.

2627 W. Edinger Ave., Santa Ana, Calif.
2627 W. Edinger Ave., Santa Ana, Calif.

Edinger Center

Location: 2627 W. Edinger Ave., Santa Ana, Calif.

Price: $6.7 million

Building Size: 8,350 square feet

Property Type: Retail

Year Built: 2006

Highlights: Multi-tenant shopping center on 32.4 acres; the property is located off the corner of Edinger & Fairview and adjacent to a major signalized intersection; across the street is Stater Bros.

Contact: Mehran Foroughi, NAI Capital, 949-395-5725


3696 N. Federal Highway, Fort Lauderdale, Fla.
3696 N. Federal Highway, Fort Lauderdale, Fla.

3696 N. Federal Highway

Location: Fort Lauderdale, Fla.

Price: $10 million

Building Size: 59,619 square feet

Property Type: Office

Year Built: 1999

Highlights: A modern, three-story office building that is 97 percent occupied; tenants include BB&T Bank, Keller Williams Realty, attorneys, CPAs and investment advisors; the floors are made of marble; elevator entrances are flanked by granite walls; new paint, carpet and T-8 lighting.

Contact: Andrea Chang, Lang Realty, 954-245-9388


2801 Frankford Ave., Philadelphia, Pen.
2801 Frankford Ave., Philadelphia, Pen.

2801 Frankford Ave.

Location: Philadelphia

Price: $2.5 million

Building Size: 35,625 square feet

Property Type: Multifamily

Highlights: A former school built over 50 years ago; stone and brick building includes approval for 27 residential units with parking for 13 cars; there is a side parcel which has approval for nine single family homes with parking; original building details include soaring ceilings and huge windows; the upper floors offer city skyline views; close to Frankford Ave. commercial corridor and transportation; access to Center City major highways and the suburbs.

Contact: Century 21 Philadelphia Office


525 N. Main St., Milford, Mich.
525 N. Main St., Milford, Mich.

Mill Valley Retail Center

Location: 525 N. Main St., Milford Mich.

Price: $4.5 million

Year Built: 1999

Building Size: 32,000 square feet

Property Type: Retail

Highlights: Property is located off the corner of Main Street and Commerce Street in the city’s downtown; tenant roster includes Starbucks, Coldwell Banker, restaurant and fitness center; rents are adjustable to market rates.

Contact: Eric Szerlag, Thomas Duke Co., 248-476-3494


Slater Mansion

Location: 1020 Pennsylvania Ave., Kansas City

Price: $1.5 million

Year Built: 1887

Building Size: 4,400 square feet

Property Type: Office

Highlights: historic landmark which has been totally renovated; the building is currently used as office by a number of artists and designers but has a two-bedroom condo upstairs with separate entrances; gated parking; security system

Contact: Mary Ann Link, Innovations KC, 816-777-3157

Images via Google Street View