PLEASE SEE EXPLANATIONS ON CAP RATE AND POTENTIAL NOI BELOW. Total building size is approx. 58,500 SF: Breakdown 43,500 SF on ground floor (retail/warehouse/showroom space) and 15,000 SF on the second floor (office space). Out of the 43,500 SF there's a vacant space of 23,500 SF. Great potential for owner to occupy up to 23,500 SF. The remaining spaces are leased. Financing options up to 100% and current loan assumable if owner occupant (min. occupancy for owner occupant is 25% of the total size which comes to 14k-15k SF in this building. • Potential Net Operating Income (NOI): with vacancy of 23,500 SF leased at $26 per sf semi-gross plus utilities, comes to approx. $600k, hence the NOI will be approx. $825k per year. Based on a sale price of $13M, POTENTIAL cap rate of 6.35%.