This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

951 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

7 Mayne Rd
Elgin IV30 1NY

Prospect Lodge · Office Property For Sale

Office Space Moray Elgin 7 Mayne Rd, Elgin, MRY IV30 1NY

Investment Highlights

  • Established business centre
  • Vehicular access
  • Located within the town of Elgin

Executive Summary

High yielding multi let office investment. £450,000 for =interest in the property, reflecting a Net Initial Yield of 11.25%
The property is currently operated as a business center and at the date publication is 100% let to a total of eight tenants.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
3,019 SF
Building Class
B
Year Built
1827
Price
$575,117
Price Per SF
$190
Cap Rate
11.25%
NOI
$64,701
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,006 SF
Building FAR
0.90
Lot Size
0.08 AC
Parking
10 Spaces (3.31 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Kitchen
  • DDA Compliant
  • Demised WC facilities

Links

 

  • Listing ID: 31445744

  • Date on Market: 4/8/2024

  • Last Updated:

  • Address: 7 Mayne Rd, Elgin IV30 1NY

The Office Property at 7 Mayne Rd, Elgin, IV30 1NY is currently available for sale. Contact DM HALL for more information.

Nearby Listings

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
7 Mayne Rd, Elgin for sale Building Photo- Image 1 of 3
Building
7 Mayne Rd, Elgin for sale Building Photo- Image 2 of 3
Building

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link