Description
Rarely can you find a redevelopment / development opportunity that also produces cash flow today. Comprised of a 37,000 SqFt+- four story building, large parking lot with 20+ spaces and three commercial bays with attached single family in rear. Strong retail and office tenants in place including two anchor tenants, Santander and the Post office. Current gross annual revenue of almost $420,000. Separate electric for all units and separate heat / AC for all first floor retail units. Vacancy on half of the second floor, and full vacancy on remaining 3rd and 4th floors. Frame construction with brick exterior, this property has an abundance of future potential, from storage space (its most recent use) to large loft and beam residential units. Full redevelopment is also possible with a 26,836 square foot lot, curb cut on Leonard street and NS zoning which allows for a wide array of commercial/res. Only .2 of a mile from Fields Corner T stop. A prime investment in the heart of Fields Corner.
Location
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Listing Agent: Ramsay And Company Courtesy of: Leading Edge Real Estate The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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