134 Professional Drive, Baldwin

VERY INTERESTING. 5,874 square feet office building has recently been approved for a 1,200 square foot luxury penthouse apartment to be added to the top floor. This lovely building built in 1989 is located at the intersection of 441 Bypass and Professional Park Drive in Baldwin. Great exposure, high traffic count, great neighbors and -- for the residential unit -- a great view. There are lots of possibilities here. Live like royalty in the penthouse and have your home office below. Rent out the apartment and keep whatever office space you need for your business or just rent it all out and collect rent. Priced at less than $100.00 per square foot including the cost of apartment conversion it truly is a great and unique deal. Built in 1989 by Otter Construction and Realty (me) for my business and Wink Verdery's law office, it has served us well. We are both nearing retirement age, and it is time to let someone else have their turn at owning one of the prettiest and most visible buildings in town. We are both willing to stay on as tenants or, if needed, we can relocate. (I would relocate to my pool house!) Apartment conversion cost is included in price but work has not been completed. Project can be completed under the supervision of the listing agency (Otter Realty), or we will sell the building as is and allow the new owner to do whatever they wish with the property. Sales price as is would be $400,000.00. This is a great deal for someone. With new construction costing upwards of $200.00 per square foot, it sure makes this property worth a look.