Owner-occupant opportunity with income in place. Newly renovated 6,590 SF multi-tenant property in historic Fountain Square. This property offers a business the chance to move into the largest suite while benefiting from two other long-term leases. Suite Size Lease Term 1417 Shelby St. 3,640 SF Vacant Available for immediate occupancy 1415 A Shelby St. 1,250 SF Leased Until July 31, 2028 1415 B Shelby St. 1,700 SF Leased Until June 30, 2027 Benefits for an owner-occupant: Generate immediate cash flow. With two existing leases, the new owner can start collecting rent from the other suites from day one. The income from the tenants can be used to cover or reduce the cost of the mortgage. Build long-term equity. Instead of paying rent to a landlord, the new owner's monthly payments contribute to building equity in their own asset. This can be a significant advantage for long-term financial growth. Tax advantages. Owners of commercial property can receive various tax benefits, such as deducting mortgage interest, property taxes, and depreciation. Greater control and stability. Owning the property eliminates the risk of lease non-renewal or rent hikes from a landlord. The new owner can also control the building's maintenance and tenant selection. Flexibility for future expansion. The vacant 3,640 SF suite provides ample space for immediate needs, with the flexibility to grow into the other suites once their leases expire.