Modernization & Capital Improvements

$1,102,812 Invested Since 2017

The Sweeney Building combines historic architectural character with substantial improvements to its building systems, exterior envelope and tenant environments. Since 2017, ownership has invested $1,102,812 in capital and tenant improvements, including HVAC equipment, boilers, electrical service, roofing, drainage, masonry, entrance systems and interior renovations.

This sustained investment addresses several of the most significant capital items commonly encountered in historic downtown buildings and provides a substantially improved operating platform for the next owner.

Core Infrastructure & Mechanical Systems

Building-Wide HVAC Improvements (2017)
Installation of a new cooling tower, heat-transfer shed and 43 individual HVAC units. Reported investment: $284,975.

Heating-System Improvements (2017)
Installation of two new high-capacity boilers. Reported investment: $43,960.

Multi-Phase Electrical Modernization (2023–2025)
Electrical-service improvements incorporating a new 1,200-amp power feed, switches, breakers and related infrastructure. Reported investment: more than $200,000.

Roof and Drainage Improvements (2021–2022)
Installation of a new roof system with a reported 90-mph wind rating and original 20-year warranty, followed by dedicated roof-drain infrastructure directed toward Main Street. Reported combined investment: $166,332.

Elevator and Security Improvements
SmartRise elevator-control modernization and two complementary video-surveillance systems providing extensive common-area and exterior coverage.

Exterior, Entrance & Interior Improvements

Main Street Entrance Improvements
Installation of four high-quality sliding-glass entrance doors serving the interior and exterior vestibules, with integrated security connections. Reported investment: $46,999.

Masonry Repairs
Comprehensive repairs to the building’s north and rear masonry elevations. Reported investment: $80,888.

Lobby Improvements
Updated tile work, custom railings, LED lighting and professionally designed building signage.

Tenant-Space Improvements
Major projects include a complete fourth-floor renovation and construction of a specialized video-production suite.

Investment Perspective

The completed work addresses several substantial capital categories, including roofing, electrical service, heating, cooling, masonry and building access. These improvements may reduce near-term capital requirements while supporting continued commercial operations and future repositioning potential.

Prospective purchasers should independently evaluate the condition and remaining useful life of all building systems as part of their customary due diligence.

Summary of Capital and Tenant Improvements

• Year,  Investment Highlights,  Annual Total

• 2024-2025,  Electric Upgrades, Weaver Roofing scuppers, Sliding Front Doors, $194,951

• 2023,  Phase 1 Electrical Upgrade, Video Suite Buildout,  North Wall Masonry, $133,518

• 2022,  Roof Drain Infrastructure to Main Street (split from sewer), $45,000

• 2021,  Temp Electric Service, RE Kelley Concrete, New 90MPH roof, $155,360

• 2019-2020,  Back Wall Brick Repair, 4th Floor Full Renovation, $134,933

• 2017-2018,  Major Mechanical Overhaul, Boilers, Cooling Tower & Heat Transfer Shed, HVAC Units, $439,050

• TOTAL,  Documented Building Improvements, $1,102,812

Amounts are based on ownership records and represent historical expenditures rather than estimates of current replacement cost. Supporting invoices, warranties and related documentation are available for review during due diligence. No representation is made regarding the remaining useful life of individual building components, and prospective purchasers should independently inspect and evaluate all building systems.