Welcome to thriving Bankers Hill & urban sophistication. This classic property sits on a mostly residential block. It was originally built as a detached home about 87 years ago, but has since been converted into 6 offices. The zoning is CC 3-6. Full of classic craftsman interior wood detailing such as boxwood ceilings, built-ins and wainscoting, much of the original interior charm has been preserved. Convert it back into a detached home (remove a wall, renovate kitchen, add closets, convert workspace to bath) recent residential sales suggest a post renovation value of $1.5-1.6m for a detached home. Or convert to Live/Work space, multi-family (Add ADU), or simply use it as-is for your office space. Great for professional practices such as psychologists, attorneys, Insurance, CPA, etc. Secure gated parking lot in back with 7 spaces. The land value of this urban property is going up and will soon eclipse the current use value, so urban land-banking is also a great long-term hold option. Current layout has 6 offices with insulated walls, 1 work space, an entry/sitting area, kitchen and 1.5 baths. Central Heat, A/C and 1 fireplace. Small basement area for storage. Current owners had it rented for $6645/month. Property is well maintained & turn-key as Office Space.
Welcome to thriving Bankers Hill & urban sophistication. This classic property sits on a mostly residential block. It was originally built as a detached home about 87 years ago, but has since been converted into 6 offices. The zoning is CC 3-6. Full of classic craftsman interior wood detailing such as boxwood ceilings, built-ins and wainscoting, much of the original interior charm has been preserved. Convert it back into a detached home (remove a wall, renovate kitchen, add closets, convert workspace to bath) recent residential sales suggest a post renovation value of $1.5-1.6m for a detached home. Or convert to Live/Work space, multi-family (Add ADU), or simply use it as-is for your office space. Great for professional practices such as psychologists, attorneys, Insurance, CPA, etc. Secure gated parking lot in back with 7 spaces. The land value of this urban property is going up and will soon eclipse the current use value, so urban land-banking is also a great long-term hold option. Current layout has 6 offices with insulated walls, 1 work space, an entry/sitting area, kitchen and 1.5 baths. Central Heat, A/C and 1 fireplace. Small basement area for storage. Current owners had it rented for $6645/month. Property is well maintained & turn-key as Office Space.
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Listing Provided Courtesy of: Adam Pascu, 73 Degrees Realty.
Listing sold by: Dan Floit, Floit Properties.
Data Updated July 22 2024 06:47:37
Listing Last Modified:06-11-2021 15:39:14