Tuesday, December 3rd, 2024 December3rd2024

SOLD ALERT: Nearby Retail Building Sold for $571/SF

Published on December 3rd, 2024

Sold Alerts provide potential sellers with hard-to-get comparable sale information.

 

 

Go behind the scenes with this undisclosed, off-the-record transaction that may affect the value of your commercial property:
  • 2800 Clifton Avenue is a 3,330 SF multi-tenant retail center on a .25-acre corner parcel of land.
  • Located at the intersection of Clifton and 28th Avenue, the property sits across from Swett’s…a famous BBQ joint.
  • Located in the McKissack Park neighborhood which some are trying to rebrand as City Heights.
  • Tenants at the time of sale include SimpliHom and E3 Construction Services.
  • Updated exterior and parking lot.
  • Built in 1979.
  • Zoned CS (Commercial Services).
  • 10 parking spaces.
  • The property last traded in 2017 for $650,000.
  • The property just sold for $1,900,000…the equivalent of $571/SF.

 

 


Get clarity on exactly what it would look like to sell your property in today’s market.  Get your free Seller Clarity Report now.


Let the comps speak for themselves…get the 3 comparable sales most like your property.  Get your comps now.


About Beau Beach, MBA CCIM

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

Beau leads Beachwood which is an elite commercial real estate brokerage for sellers in 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.

Click to schedule a call with Beau or email to Beau@SoldbyBeachwood.com