The basement floor of the Rossmor Building is available as a commercial condo. Tax value of the condominiums is $171,000. In these condos exist two cash flowing businesses. One business is storage units for the 130 residential condo owners who live in the above floors. The second business is music rehearsal studios for a nearby music school. This is a low maintenance business with a 12%-16% CAP Rate. There is a new development being built across the street in late 2009 that will continue the growth of Downtown & increase property values. Potential seller financing.