Description

The subject was built in 1943 and functioned as a service station and repair shop until the
late 1960’s. The subject has also been a restaurant as well as an art studio and medical
equipment sales until closing about 3 years ago. According to the owners the subject has
been vacant for the past few years.
The subject was flooded with only minor damage this past year. At the time of inspection
there were no active utilities turned on.
The appraiser assumes the public power, water, central HVAC, and electrical and
mechanical systems are in working order.
The subject was last renovated in the late 1980’s per the owners and has been maintained in
fair condition since.
The subject is believed to have an effective age of thirty years old. The remaining
economic life of the subject is estimated at twenty years.
The subject appears to be in fair condition for its age. The main portion of the subject is
2,376 sft. This area consists of one permanent office with the balance of the interior open and
consisting of a small overhead loft on the far end of the subject. There is one bathroom and
two storage closets. The interior is in fair condition.
There are two storage buildings located directly behind the subject.
The storage buildings are 1,280 sft and 1,000 sft they are attached via a wooden deck
walkway from the rear of the store. In addition, both buildings are attached via a common
hallway.
The two units have been used for storage on the property and can only be accessed via
the rear of the subject via an attached wooded deck.
Both of the units are incomplete in terms of finish and do not appear to meet minimum