Medical Professional office building located in the heart of Clear Lake 9,520 SF per hcad, on 23,305 SF of land per hcad. The building is on the corner of Gemini and Mercury, with high visibility and high volume of street traffic. Best priced office building per sq ft in the 77058 with lots of improvements. Property was purchased for $613,000 in 07 01. Approximately $500,000 in improvements have been put into the building since purchasing, with about $350,00 in the last 1.5 years.
Two story building that is currently being renovated and code updated, which will be completed by Sep. 1, 2010. The building will be approximately two thirds completely ADA and code updated and the other third needs to be ADA and code updated. Many other buildings in the area are not up to code and not ADA compliant, which is not desirable for new tenants. I have contacted TDLR Texas Department of Licensing and Regulation and they have stated that any renovation work needs to be ADA compliant from the parking to the entrance to the renovated area. If a building is not ADA compliant a person with a disability can file a complaint with the Department of Justice, which will require you to become compliant.
Improvements consist of a less than a year old roof, upgrades new sheet metal AC duct system, copper plumbing and medical grade electrical conduit on two thirds of building, new common ADA compliant restrooms on second floor, ADA compliant parking, new exterior and interior staircase, common areas on both floors and upstairs bathrooms have Italian porcelain tile with marble inserts, new built out office suite on whole first floor, new signage monument, landscaping, new AC units, new recessed lighting in common areas of first and second floor, new 2 by 2 recessed ceiling grids on common area, office suite on half of second floor was built out in March 07.
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