The original family that sold the land for the Bridgewater Lofts development retained a retail commercial condo on the first level for use as a liquor store tenancy. 5,285 sq ft with full glass frontage on the corner of 10th and Washington Ave S. The tenant, 1010 WINE AND SPIRITS, has been in the unit since 2014 and has another 15 years remaining on term including options to renew. Ideal triple net investment with low Landlord involvement. Tenant pays all operating costs and being in the Bridgewater Lofts association there is no maintenance or structural conditions to be an issue in the future for a Landlord. The Bridgewater Lofts are a highly regarded residential condo bldg with an average sale price of over $500,000. Very healthy association to be part of.
Listed by Michael P Murphy and Anders E Priley of Coldwell Banker Realty

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Property Details of 215 10Th Avenue S, Unit C103, Downtown East

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  "Based on information submitted to NORTHSTAR as of March 26, 2023 8:09 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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