Approved Plans, vacant lot, fenced, and shovel-ready! - Ready for Immediate Construction
Located at the corner of 30th Avenue and 21st Street, offers outstanding development potential within a qualified opportunity zone.
The property is shovel-ready, fully fenced, and comes with approved plans for an 8,000 sq. ft. build-able area, comprising 11 units (10 residential apartments and 1 commercial space with a basement). Additionally, under the recently passed Universal Affordability Preferences, the development potential increases to 10,000 square feet. The asking price is based on the current approved plans!
Additional Highlights:
-Lot Size: 20' x 100', zoned R7A with a C2-3 overlay.
-Underpinning Completed: The neighboring condo developer has completed underpinning on the right-hand side, streamlining the development process.
-Approved Plans: Existing plans available upon request.
-Qualified Opportunity Zone: Offering potential tax benefits for eligible investors.
Disclosure: The listing broker is also the owner of the property.