This commercial appraisal is proposed with two single tenant creative offices of concrete block construction, on separate legal lots. The current rentable area totals 10,450 square feet and is situated on approximately 20,094 square feet of land area. Upon completion, each building will have a rentable area of 5,225 square feet, situated on 10,047 square foot parcel. The existing improvements were constructed in 1952 and reflect poor condition. Upon completion of the proposed conversion from industrial to creative offices, the proposed improvements are assumed to be in excellent condition. On-site parking will be provided by the concrete paved open parking that will consist of 26 marked spaces.
8592 Venice Office
April 19, 2018
