Description
High Traffic Commercial Retail frontage downtown in designated Central Business District eligible for business loans from the UDBDA. Massive Value Add Opportunity with 6 residential apartments needing rehabbed on the 2nd floor. 1st floor consists of approximately 10,000 sqft of glass panel storefront / showroom retail space. In the back there's an additional 8,000 sqft of shop / office / light industrial space, with high 16 ft ceilings and large garage door and bay. Property has a large parking lot, 3 Phase Power, garage parking, new gas line, and much more. Don't miss the opportunity to own a property in a prime location with tons of potential uses and massive upside potential. Projected Proforma shows this property with a 9% cap rate once fully rented and residential units rehabbed.
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0BEDS
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0.63ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
High Traffic Commercial Retail frontage downtown in designated Central Business District eligible for business loans from the UDBDA. Massive Value Add Opportunity with 6 residential apartments needing rehabbed on the 2nd floor. 1st floor consists of approximately 10,000 sqft of glass panel storefront / showroom retail space. In the back there's an additional 8,000 sqft of shop / office / light industrial space, with high 16 ft ceilings and large garage door and bay. Property has a large parking lot, 3 Phase Power, garage parking, new gas line, and much more. Don't miss the opportunity to own a property in a prime location with tons of potential uses and massive upside potential. Projected Proforma shows this property with a 9% cap rate once fully rented and residential units rehabbed.
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RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-03-12T23:46:10.91.