Wednesday, June 23rd, 2021 June23rd2021

Sold Alert: Pair of Sylvan Park Commercial Buildings Sell for $298/SF

Published on June 23rd, 2021

Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.

 

 

  • A parcel containing a retail building and home recently sold as a pair.
  • 306 46th Ave N is the retail building which was last occupied by Vegan Vee Gluten Free Bakery.
  • Constructed in 1940, the concrete block building measures 2,700 SF.
  • 4511 Elkins Ave, which shares the same .28 acre parcel, is a 4,000 SF home that’s zoned commercial.
  • The buyer plans to occupy the home and lease the retail building to a new business.
  • The property just sold for $1,995,000…the equivalent of $298/SF.

 

 


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About Beau Beach, MBA CCIM

Beau is a tenacious Commercial Real Estate Broker, entrepreneur and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.

Beau leads Beachwood which is a nationwide commercial real estate brokerage for sellers…with emphasis in Nashville, Milwaukee and the states of the Southeast.

He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.

He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.

Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com