This commercial development opportunity offers 230 ft of frontage on US Hwy 395 N just 0.3 mi NW of Waterloo Ln. The property has an approved development permit for a 4-tenant strip center at the front of the parcel and a total of 13 townhome-style multifamily units along the back portion of the parcel. This is a great option for diversified rental income and many of the initial steps have already been taken.