Office9966 Dolores Street201-205, Spring Valley, CA 91977

Basics Details

  • Date added: Added 3 days ago
  • Type:
  • Building Area: 2,093 sq ft
  • Lot size, sq ft: 11,816 sq ft
  • Zoning:
  • # Of Units: 5

Description

  • Description:

    SELLER FINANCING AVAILABLE! We are pleased to present five contiguous 2nd-floor office condos offered for sale individually or as a portfolio. Each unit averages ~419 SF, is month-to-month leased to a business tenant, and has been recently updated with vinyl or carpet flooring, fresh paint, lighting, and ceiling fans. The units each have a wall AC, 1 or more partitioned interior offices, and reception area. Part of a 19-unit commercial condo complex with 18 off-street parking spaces. Common-area restrooms on each floor. HOA dues of ~$65–$75/month cover water, trash, landscaping, CAM, and exterior security lighting. Gas and electric separately metered. Common-area restrooms on each floor; stairwell access only (no elevator). Perfect for small businesses requiring an efficient local footprint such as engineering, insurance, law, real estate, construction, etc. Seller's preferred exit is a simultaneous 1031 exchange (swap) into a 4+ unit multifamily (OK with fixers), but will consider an outright sale or seller financing at 5–5.5% on a 10-year term.

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