Classic Victorian Office Opportunity - Price Drastically Reduced from $2 Million!
1636 Bush St Loopnet Website
Converted for office use and impeccably maintained, this charming and prestigious Victorian is in the heart of the Van Ness business corridor district. Ideal for a 1031 Exchange.
Features: These beautiful sets of office suites (each with approximately 6-7 offices) feature a second floor outdoor deck, conference rooms, restrooms on each level and per present owner - approximately 1,000 Sq ft of storage in the building on the ground floor.
Main Level: A bright airy landing with built-in reception desk provides an inviting entrance into the main floor of the building. There are fully enclosed office suites with private doors.
The generously scaled Victorian windows and a dramatic light well at back of central hallway ensures good natural light throughout main level.
Upper Level: Fully enclosed office suites with private doors. An open outdoor wooden deck with full glass French door access, excellent for a business break spot.
Gross Rent * $115,404.
1st Floor Tenant * $ 7,000. (thru 5/2009 w/ options)
2nd Floor Tenant* * $ 2,667.19. (thru 2/2011)
1st Floor Single Office Tenant * $ 500. (month to month)
*please note on 2nd floor tenant lease ends 2/16/2011.
Insurance, Utilities, Management, Garbage & Upkeep are $12,357.63
Estimated Annual Property Taxes - $22,000 based on asking price.