Two Tenant Office Building

THIS 4,000 SQUARE FOOT PLUS PROFESSIONAL BUILDING HAS BEEN UTILIZED AS A MEDICAL FOFICE FOR MANY YEARS. THOUGH BUILT IN 1947, THE BUILDING HAS HAD RECENT RENOVATIONS AND UPDATES INCLUDING NEW ROOF, NEW AIR CONDITIONING, AND A PORTION OF THE INTERIOR HAS BEEN COMPLETELY UPDATED. THE BUILDING HAS RECENTLY BEEN DIVIDED AND APPROVED FOR TWO OCCUPANTS WITH BOTH SIDES NOW LEASED. ONE SUITE CONTINUES TO OPERATE AS A MEDICAL OFFICE AND THE OTHER SUITE IS A PROFESSIONAL OFFICE. CONTACT LISTING OFFICE FOR CURRENT INCOME AND EXPENSE INFORMATION. EXISTING CAP RATE MAY APPEAR TO BE LOW, THOUGH CURRENT LEASES ARE NOT LONG TERM AND THERE WILL BE OPPORTUNITIES TO INCREASE RENTAL INCOME AS IT IS CURRENTLY BELOW MARKET. BUILDING SIZE IS PER LAKE COUNTY TAX ROLLS.