Lot size is 80 ft X 296 = 23,680 sq ft
The property comes with a cell phone tower lease in the back portion of the lot. The cell tower pays $10,000 /year plus a portion of the real estate taxes. The cell tower lease is for ten years and automatically renews.
Zoned Commercial - The property is currently being used for both residential and commercial. However, the new owner may only use the property for commercial purposes.
There are several ideas this property could be used for. Tear down and redevelop or use the current house as office space and use the land for parking, storage, etc. According to the seller, a new building can be built up to the lot line on the West side of the property and 15 feet off from the East side.
Redevelopment Opportunities for:
Veterinary Clinic
Dentist / Orthodontist practice
Medical Office
Law Office
CPA Office
Real Estate Office
Insurance Office
Any Professional Office
Etc…
OR, use the property as it currently sits…
The property provides plenty of parking behind the current home/building.
The existing home could be rehabbed and converted for office use for the following types of companies:
Construction
Electrician
Plumbing
Contractor
Builder
Roofing / Siding / Windows Company
Restoration type company such as ServPro, etc
Or some of the above such as a small Vet Clinic, Insurance Office
Auto Repair (possible)
Basically, the current property could be used for any type of business that needs outdoor parking/storage space plus office space by converting the house into office use.
*All of the above ideas would need to be approved by the city.