Office Triplex - Mixed-Use Property with O-1/T/HP Zoning
This unique office triplex offers an excellent opportunity for both owner-occupiers and investors seeking passive income. The front office, just under 1, 200 sqft. , features a welcoming lobby and reception area, three generously sized offices, a boardroom, a full bathroom, a half bathroom, and a kitchen/dining space. The front building will be delivered vacant at closing, making it ideal for immediate use or leasing.
At the rear, the two-story office building, totaling 1, 800 sqft. , is fully leased to two tenants. Each floor, approximately 900 sqft. , both with private entrances, creating flexibility for tenants or potential owners. The light-filled ground floor includes a reception area, conference room, office, kitchenette, and storage rooms. The second floor, accessed via an exterior staircase, features a spacious waiting area, one large office, two smaller offices, a full kitchen, and a bathroom—offering both functionality and comfort.
The property also boasts an outdoor patio with a gazebo, perfect for coffee breaks or informal meetings. Situated on a . 25-acre lot with 10 dedicated parking spaces (and room for potential expansion), it’s an ideal location close to Colonial Town, the Milk District, downtown, and I-4.
Whether you’re looking to occupy part of the property while generating rental income or purely invest, this versatile property offers multiple income streams and prime location benefits. Call today to arrange your private tour and explore the possibilities!
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William Raveis Real Estate
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Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $956 | $956 | $956 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,708 | $5,635 | $7,726 |
Total Monthly Payment | $6,789 | $6,716 | $8,807 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.