We are excited to present 68 South 4th Avenue, Mount Vernon, NY. A flexible four-story building located in a Downtown Business (DB) zoned district, offering diverse usage opportunities. The ground floor provides a commercial space, suitable for retail or service-oriented businesses, while the upper floors are currently utilized as storage by the retail tenant. This property is situated within the Mount Vernon Opportunity Zone, offering a prime investment opportunity. The Opportunity Zone designation provides significant tax incentives, such as deferral and potential exclusion of capital gains, making it an attractive option for long-term investors and developers. This designation fosters development in the area, creating a favorable environment for revitalization. The building’s zoning and Opportunity Zone benefits allow for potential redevelopment into a mixed-use property, combining both commercial and residential spaces. The upper floors can be easily converted into apartments, addressing the increasing demand for residential units in the area. This conversion offers strong potential for substantial returns, while also benefiting from the financial incentives available through the Opportunity Zone program. Developers can maximize the property’s value by creating a vibrant, mixed-use space, contributing to the area's growth and revitalization.