For Sale: 3 Story Mixed Use retail/apartment Building
Asking Sale Price: $995,000
4,850 SF Bldg Size(1st Floor Retail & 2 apartment units)
1st Floor 1,800 SF (Vacant retail, office or service space)
2nd & 3rd floor apartments are leased with in-place income (Month to month leases)
Existing Monthly income = $4,400 per month
Ideal opportunity for user/investor to occupy
1st floor retail space and collect apartment lease income
Unique Live/Work Space opportunity
Located on North side of Grand Ave between Ogden Ave & Racine Ave
Includes 1,800 SF OF Bonus Basement Space
SUBJECT PROPERTY HIGHLIGHTS
• 4,850 SF Three-story mixed-use Retail & Apartment building For Sale
• 1st Floor 1,800 SF Commercial Space (retail, office, service etc…)
• 2nd floor & 3rd floor apartments (Both leased Month to Month)
(Two, 2 bedroom & 2 bath units rented for $2,200 per month each)
• includes numerous upgrades and renovations
• Zoning C1-2: Neighborhood Commercial District, Retail/Office and Apartments
• Lot Size: 2,544sf
• Private 2 Car Garage and Public Street Parking available
• Existing Monthly Income from 2 M/M apartment leases = $4,400 per month
• Real Estate Taxes: $16,506.61
• Current Occupancy: 67% (2 Apartments leased & 1 Vacant Retail space)
• Located just NW of Thriving Fulton Market District
• Excellent visibility near bustling Ogden & Grand Corridors
• PIN: 17-08-129-015-0000
• Located on North side of Grand Ave between Ogden Ave & Racine Ave.
• Ideal opportunity for user/investor to occupy 1st floor retail space and collect
apartment lease income
• Unique Live/Work Opportunity