Property summary
This exceptional retail property at 111 East Ave offers a unique investment opportunity. The nine-story, Class B building, totaling 227,440 square feet, boasts 247 suites and sits on 1.3 acres of land. Originally constructed in 1921 and extensively renovated in 2014, the building currently has 7,511 square feet of vacant space available for lease. Three immediately available spaces range from 1,171 to 3,740 square feet, perfect for a variety of retail uses. One former Dunkin' Donuts space (2,600 sq ft) is available at a minimum of $17.00 per square foot on a modified gross lease, requiring a minimum three-year lease term and including tenant improvements. A former restaurant space (3,740 sq ft) is also available at a minimum of $10.00 per square foot on a modified gross lease, with a minimum three-year term and limited tenant improvements (paint and carpet cleaning). Finally, a former tattoo parlor (1,171 sq ft) is available at a minimum of $17.00 per square foot on a modified gross lease, with a minimum three-year term and limited tenant improvements (paint and carpet cleaning). All leases are modified gross and include utilities. The minimum leasable space is 1,200 square feet. This property presents a compelling opportunity for businesses seeking high-visibility retail space in a well-established location. Contact us today to learn more about these exciting leasing opportunities.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Apartment Building Apartment Complex
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Home Decor Store
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Tutoring Service
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Engineer
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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