Description
Prime Downtown Mixed-Use Investment Opportunity!! Exceptional opportunity to own an income-producing, mixed-use property in a highly desirable downtown neighborhood. The street-level space features a well-established 3-chair hair salon with excellent visibility and strong upside, offering potential rental income of approximately $2,500 per month. The space also has potential to be converted into a business of your choice. Above the commercial space are two beautifully renovated apartments, both currently leased at $1,400 per month, providing immediate and consistent cash flow. The residential units have been thoughtfully updated and remain highly desirable in this sought-after downtown location, close proximity to everything downtown has to offer. Adding to the value are seven off-street parking spaces, a rare downtown amenity, which can be individually leased for an estimated $50-$100 per space per month, creating an additional income stream. With multiple revenue sources, a proven rental history, and a prime location near dining, shopping, and entertainment, this turnkey mixed-use property presents an excellent opportunity for investors or owner-occupants seeking strong returns with future upside!
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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3,900SQFT
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$90$/SQFT
Description
Prime Downtown Mixed-Use Investment Opportunity!! Exceptional opportunity to own an income-producing, mixed-use property in a highly desirable downtown neighborhood. The street-level space features a well-established 3-chair hair salon with excellent visibility and strong upside, offering potential rental income of approximately $2,500 per month. The space also has potential to be converted into a business of your choice. Above the commercial space are two beautifully renovated apartments, both currently leased at $1,400 per month, providing immediate and consistent cash flow. The residential units have been thoughtfully updated and remain highly desirable in this sought-after downtown location, close proximity to everything downtown has to offer. Adding to the value are seven off-street parking spaces, a rare downtown amenity, which can be individually leased for an estimated $50-$100 per space per month, creating an additional income stream. With multiple revenue sources, a proven rental history, and a prime location near dining, shopping, and entertainment, this turnkey mixed-use property presents an excellent opportunity for investors or owner-occupants seeking strong returns with future upside!