Mixed Use

Spacious Residential Unit

Fully equipped restaurant operating under a full use permit

Stable income streams from leases with the U.S. Post Office and Inverness Public Utility District

The U.S. Post Office, a long standing tenant for 117 years, occupies approximately 2,689 square feet and recently renewed its lease until 2026, with an option to extend until 2031. Notably, the U.S. Postal Service reimburses the building owner for 36.5% of the total property tax bill, enhancing the property's financial stability.

The Saltwater Oyster Depot, leasing the restaurant, café, and a rear office space, is currently on a month-to-month arrangement while negotiating a new lease.

The upstairs two-bedroom apartment is available for various uses, including residential, commercial, or vacation rental.

Under the stewardship of IP LLC, The Bellwether Building has undergone significant improvements. From a re-roofing project in 2006 to the installation of a new foundation with an engineered steel seismic structure in 2018, the property has been meticulously maintained.

Upgrades:

Remodeled second-floor apartment

New roof for the post office in 202

Various enhancements to ensure the building's structural integrity