Free Standing 5208 SF Commercial Building For Sale
Property Description:
5208 SF Retail/Office building situated on 0.96 acres. 137 Feet of Watson Road Frontage. Pylon signage is also available.
Location:
Watson Road east of the new Dierberg Crestwood Development. A highly visible corner lot at the signalized intersection of Watson Industrial and Watson provides easy access to the property.
Parking:
Plenty of parking is available, with over 45 striped spaces.
Prior Users:
There is a long history of successful businesses. Constructed in 1955 as Bellistri's Steak House, later converted to Jack's or Better/Ground Round, and more recently as a Dental Clinic and then office space for a title company and residential real estate brokerage.
Potential Uses:
This is an excellent opportunity for a Free Standing location near the new Crestwood Plaza development site. The building can be easily renovated into various new uses or torn down for a new concept—an ideal ground site for a bank or fast food restaurant.
Building Improvements:
In 2020 the owners installed a new TPO roof with a 3.5" Tapered ISO Board System providing roof insulation. This new roof includes a 15-year material warranty and a 10-year Labor Warranty, making this building even more attractive to purchase.
Seller Documents:
• Survey
• CAD As-Built Plans
• Concept Plans
• Roof Warranty
YourTube Aerial:
https://youtu.be/Kt5EMYWLcgQ
Call or email today to tour the property or for a current survey.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.