233 Merchant Street 233 Merchant St

233 Merchant St. is a six-story boutique office building featuring a ground floor retail space, 4 full-floor suites with private elevator access and a penthouse suite. The building has undergone extensive renovations including elevator modernization, new HVAC equipment, and floor-by-floor renovations of the office space. The property is ideal for an owner-user with 5 of the 6 floors vacant. An existing tenant is on a short-term lease and can either provide stable in-place cash flow or an owner-user could occupy the entire building. Alternatively, the BMX- zoning also allows for residential use for some or all of the property. The neighboring two office buildings, 239 Merchant Street and 850 Richards Street, are also for sale, which may be purchased together or separately. They offer an investor up to 10,896 sf of BMX-4 land area for a potential long-term redevelopment of the area