63 Broad St

Investment Highlights

Executive Summary

Located in the New Auburn Neighborhood, this 5,570 SF property offers high visibility at abusy corner with an Annual Average Daily Traffic of 10,196 and a walk score of 77. Theproperty includes 4,780 SF of basement storage and 2,400? SF of vacant office/retailspace suitable for a variety of uses. Current tenants are on below market month-tomonth leases, providing potential for rental income adjustments. This versatile propertyis ideal for an owner occupant seeking a prominent location for their business, or for aninvestor looking to capitalize on its high visibility and significant foot and vehicle traffic.

• Sale Type    Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    10,350
• Building Class    C
• Year Built    1933
• Price    475,000
• Price Per SF    46
• Building Height    1 Story
• Building FAR    1.83
• Land Acres    0.13 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.