Chisholm Mall qualifies for accelerated depreciation over a 22 year economic life, rather than a 39 year economic life. Unique 12,000 sf Multi-Level Office Bldg. Surplus land can be developed as either office or multi-family. Building has been well maintained. Currently some vacancy due to offsite management.
Property is located on two tax lots.
Excellent location, super fishing rafting and recreation area. One owner is licensed real estate agent. Partnership splitting up.