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Informations principales sur l'investissement
- 100% Occupied Mixed-Use Property – Consisting of 2 Residential Units and 4 Commercial Units
- Value-Add Opportunity – Potential to increase NOI by converting existing Gross Leases to NNN or Modified Gross
- Strong In-Place Cap Rate of 5.78% – Attractive current cash flow for investors
- Upside Through Expense Recovery – Opportunity to recapture operating expenses and improve long-term returns
Résumé analytique
ALL OFFERS CONSIDERED — Motivated Seller | Offer Deadline: June 19, 2026
Urban Real Estate is pleased to present 490–498 N. Garfield Ave., a fully occupied 8,350 SF mixed-use asset comprising 4 commercial units, 1 residential unit, and an additional bonus space, generating a current gross annual income of $184,800. This stabilized property offers diversified, day-one cash flow with meaningful upside potential through NNN lease conversion at rollover — all with zero lease-up risk.
Serious buyers are encouraged to act quickly. The seller has removed the asking price and will review all offers — this is your chance to define value on a fully leased, income-producing asset. Offers are due by June 19, 2026.
For rent roll, financials, or to schedule a showing, all inquiries are welcome.
Urban Real Estate is pleased to present 490–498 N. Garfield Ave., a fully occupied 8,350 SF mixed-use asset comprising 4 commercial units, 1 residential unit, and an additional bonus space, generating a current gross annual income of $184,800. This stabilized property offers diversified, day-one cash flow with meaningful upside potential through NNN lease conversion at rollover — all with zero lease-up risk.
Serious buyers are encouraged to act quickly. The seller has removed the asking price and will review all offers — this is your chance to define value on a fully leased, income-producing asset. Offers are due by June 19, 2026.
For rent roll, financials, or to schedule a showing, all inquiries are welcome.
Informations sur l’immeuble
Type de vente
Investissement ou propriétaire occupant
Type de bien
Bureau
Sous-type de bien
Surface de l’immeuble
776 m²
Classe d’immeuble
C
Année de construction
1956
RNE
114 620 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Surface type par étage
776 m²
Dalle à dalle
3,05 m
Coefficient d’occupation des sols de l’immeuble
1,13
Surface du lot
0,07 ha
Zonage
R1M
Stationnement
10 places (12,89 places par 1 000 m² loué)
Caractéristiques
- Accès 24 h/24
- Ligne d’autobus
1 1
Moyennement praticable à pied
70/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
50/100
Plutôt praticable en vélo
50/100
Taxes foncières
| Numéro de parcelle | 6343-005-034 | Évaluation des aménagements | 207 047 € |
| Évaluation du terrain | 503 193 € | Évaluation totale | 710 241 € |
Taxes foncières
Numéro de parcelle
6343-005-034
Évaluation du terrain
503 193 €
Évaluation des aménagements
207 047 €
Évaluation totale
710 241 €
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Visite extérieure 3D Matterport
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Carte
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Présenté par
490-498 N Garfield Ave
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