Description
Value-Add Investment Opportunity with Development Upside. This CR-zoned property offers strong potential for commercial, multifamily, or mixed-use redevelopment, making it an attractive option for investors, owner-operators, or developers. The nearly one-acre parcel provides flexibility for future expansion, additional units, or urban agriculture use, subject to zoning and approvals. The existing single-family home is set back from the street and includes a private-entry office, ideal for conversion to professional or income-producing use. The residence currently features living and dining areas, a kitchen, and bathroom on the main level, with two bedrooms and a full bath upstairs-allowing for immediate occupancy or rental while planning redevelopment. A separate detached structure with electrical service, clear-span interior, and a newer roof adds further value. It is well-suited for use as a workshop, studio, or future conversion, with the ability to build vertically and create additional rentable or usable space. This property presents multiple paths for return, including commercial use, multifamily development, live/work configurations, or rental income, all within flexible CR zoning.
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3BEDS
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0.97ACRES
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2BATHS
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01/2 BATHS
School Information
Description
Value-Add Investment Opportunity with Development Upside. This CR-zoned property offers strong potential for commercial, multifamily, or mixed-use redevelopment, making it an attractive option for investors, owner-operators, or developers. The nearly one-acre parcel provides flexibility for future expansion, additional units, or urban agriculture use, subject to zoning and approvals. The existing single-family home is set back from the street and includes a private-entry office, ideal for conversion to professional or income-producing use. The residence currently features living and dining areas, a kitchen, and bathroom on the main level, with two bedrooms and a full bath upstairs-allowing for immediate occupancy or rental while planning redevelopment. A separate detached structure with electrical service, clear-span interior, and a newer roof adds further value. It is well-suited for use as a workshop, studio, or future conversion, with the ability to build vertically and create additional rentable or usable space. This property presents multiple paths for return, including commercial use, multifamily development, live/work configurations, or rental income, all within flexible CR zoning.
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