The City of Sheridan continues to grow and diversify its economy. With this growth comes more creative mixed use development opportunity and the most economical way to achieve larger scale development is ''infill development''. This building was home to The Holly Sugar Factory building. The ''Sheridan Enterprise'' newspaper in 1915 regularly posted updates and announcements about the steel workers from Holly. This historic building provides over 100,000 SF of opportunity for any mix of uses. With an industrial structural frame, massive power supply and wide-open spaces, this centrally located campus can provide any investor with a blank slate opportunity. The opportunities are endless for this prime real estate campus.
This property provides immediate income with the current tenants which provides any investor with the opportunity to develop and lease the upper floors for a tremendous income property. The current NOI would support a 25% cash to debt ratio with typical financing.