Commercial on Youngs

1120 Youngs Road presents an outstanding investment opportunity in today's office market, a fully leased stable income-generating property. The all brick building sits on a prime .75 acre property in Williamsville and has been well built and maintained with 2 A/Cs replaced in '21, regular maintenance to plumbing, parking & landscaping and solid construction, however, the roof is original.

There are 3 distinct suites, allowing an owner to hold as investment, or occupy a sufficient space and receive additional income. This property offers a solid return with its current tenants and leases while also providing flexibility for future configurations. The strong CAP rate of 7.7% suggests a potentially lucrative investment for those looking to acquire medical office real estate.

Suite 1: ~3500 sqft inc: Reception; Admin; 5 offices; 6 sleep rooms(w/ bathrms) - mo to mo, will require 90 day notice, or may extend.

Suite 2: ~1700 sqft inc: Reception; 5 offices; 2 bathrooms - Lease to 2027, may accept lease termination with notice.

Suite 3: ~1700 sqft (renovated in 2022) inc: Separate entry; Waiting area; 5 offices; Bathroom - Lease to 2027, may accept termination with notice.

Listing Id: B1596616 List Price: $1,299,000 Property Type: Commercial Sale Property Sub Type: Office Status: Active Living Area: 7,210 Tax Annual Amount: $29,343 Acres: 0.78 Est. Mortgage: $10,099/mo 177 Days on Market