For Sale
$1,416,477

701 Roosevelt BlvdMonroe, NC 28112

Prime Medical Office, 6,100 SF, Opportunity Zone

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 6,100 square foot Class B medical office building presents a unique owner-user and investment opportunity. Located in Monroe, North Carolina, at 701 E Roosevelt Blvd, zip code 28112, this property boasts two main units. One unit is currently leased to Pinnacle Dermatology, leaving approximately 3,000 square feet available for an owner-occupancy or additional leasing. The building is situated across Highway 74 from Atrium Union Hospital, benefiting from a strong medical presence in the immediate vicinity. The asking price is $1,416,477, translating to $232.21 per square foot. The property is zoned O-T and is designated as an Opportunity Zone, offering potential tax advantages for investors. This strategic location, combined with the existing tenant and ample space, makes this a compelling investment prospect in a thriving medical corridor. Further information on Opportunity Zones and their benefits can be found at the provided link. This is a modified lease property.

Highlights

  • $1,416,477 asking price for a 6,100 SF Class B medical office building.
  • Located in a designated Opportunity Zone in Monroe, NC.
  • Features two units; one leased to Pinnacle Dermatology, the other available for owner-occupancy or lease.
  • Situated across Highway 74 from Atrium Union Hospital, within a medical office cluster.
  • Zoned O-T.

Property Details for 701 Roosevelt Blvd

Property type
Office properties, Medical offices
Square Feet
6,100 SF
Class
B
Units
2

Location Insight

City
Monroe
County
Union
State
North Carolina
Latitude
34.975993540481
Longitude
-80.51901596318
701 Roosevelt Blvd, Monroe, North Carolina

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701 Roosevelt Blvd
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