Sold for $1,641,000

Description

SUBJECT CONSISTS OF A RETAIL STRIP CENTER THAT WAS BADLY DAMAGED BY BOTH TROPICAL STORMS IAN (9-28-22) & NICOLE (11-10-22). THE CENTER MAINTAINS ITS BASIC OUTER SHELL PORTIONS THAT ARE CONSTRUCTED OF PAINTED/CB WITH A CORRUGATED METAL PANELED ROOFING SYSTEM FASTENED TO STEEL TRIM JOISTS INITIALLY WITH 1.5" THICK INSULATION AND BITUMEN ROLLED (TORCH-DOWN) LAYERING PROTECTING ALL OF THE ROOF SURFACES. THE BUILDING STILL CONTAINS ALL ELECTRICAL PANELS IN TACT WITH MOST OF THE PARTITIONED AND DEMISING WALLS NOW REMOVED AND READY TO BE RECONSTRUCTED. EACH OF THE BUILDINGS' FRONT ELEVATIONS MAINTAIN CONCRETE PILLARS SUPPORTING THE UPPER PARAPET WALLS SHIELDING THE ROOF STRUCTURES AND SUPPORTING THE COVERED CANOPY WALKS THAT ARE STILL FUNCTIONAL WITH ALL INTERIOR METAL STUDDING AND PURLINS STILL IN GOOD CONDITION. THE CENTER HAS AMPLE PARKING OUT IN FRONT OF THE BUILDINGS WITH A BACKLIT MONUMENT SIGN AT THE ROAD FRONT’S EDGE.