Fantastic opportunity with amazing Commerical properties ready to go and ready for build out. Seize this rare 75% vacant opportunity with adjacent vacant lot and excellent frontage for an exceptional investment in the heart of vibrant Ivy Hill.
Investment Highlights:
- Multi-Faceted Property: A multi-use building with 5 vacant spacious commercial units within the building & 6 well-appointed 1BD/1BA residential apartments in a highly desirable rental market (3 vacant). The frontage & commercial spaces offer excellent income potential and are perfect for a variety of businesses, from retail shops to professional offices. The total interior space of the building measures approximately 9,700 SF, ensuring ample room for both residential & commercial purposes.
- Adjacent Vacant Land Lot: Poised to deliver substantial returns at ~3,000 SF. Presents a fantastic opportunity for development or expansion, adding more value. Previously used as a parking lot to the adjacent commercial buildings.
- Versatile Zoning: Property benefits from flexible zoning regulations, opening doors to multiple investment avenues, including residential, commercial, or a combination. Increasing Building Height is an option!
- Abundant Space: ~10,000 SF Total Lot and per Appraiser Total Building ~10,943 SF.