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100 N Patterson Street - The Wisenbaker Bldg, Valdosta, GA

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DetailMap
100 N Patterson Street - The Wisenbaker Bldg

Valdosta, GA 31601-5570


Property Type:Office Sub Type:- Status:Existing , Renov 1993 Year Built:1895
Stories:2 Typical Floor:3,600 SF Building Size:7,200 SF
% Leased:
For Sale Price:$595,000 Price/SF:$82.64
Cap Rate:8.00 %
Smallest Space:100 SF Largest Space:7,200 SF Total Space Avail:7,200 SF Rent/SF/Yr:
$4.00 - $5.00
Parking:Ratio of 5/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
100 SF-3,600 SF
$4.00 - $5.00/SF/Yr
Vacant
Negotiable
Office
 1st
1,100 SF-3,600 SF
$4.00 - $5.00/SF/Yr
30 Days
Negotiable
Office
 
6551127
6736394
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
100 SF-3,600 SF
$4.00 - $5.00/SF/Yr
Vacant
Negotiable
Office
1st
1,100 SF-3,600 SF
$4.00 - $5.00/SF/Yr
30 Days
Negotiable
Office
Private offices and shared amenities.
www.valdostasharedofficespace.com

Sale Notes:
Own a chunk of history with this beautifully-restored historic downtown office building in heart of central business district. Built pre-1900 but brought to life again in 2006 as Valdosta Shared Office Space. Sale includes real estate & all business assets. Currently configured as executive suite office rental business, or easily revert to single-use with minimal changes, for ownership flexibility. All leases short-term. Rent roll & financials attached. Two floors, 40'x90' each, stairs & elevator, plenty of street parking & more in downtown parking lot behind property. Walk to everything downtown. Floor plan attached. 2014 taxes $3192. Pro-forma cap of 8.8% with 100% occupancy, Gross $91,200, OpEx $38,880, NOI $52,320.

NW corner N Patterson St & W Hill Ave in the center of active, vibrant downtown Valdosta. Two blocks from new downtown $12 million, 5-story, 125-room Wyndham Hotel opening 2017.

Prime Properties Services, LLC
Howard Dasher
(229) 834-1079


Prime Properties Services, LLC
Howard Dasher
(229) 834-1079



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