Description

This investment opportunity features a versatile commercial property with a 9,406-square-foot building footprint situated on 14,855 square feet of C2-55 zoned land. The improvements include a 4,896-square-foot retail showroom with 10-foot ceiling heights, complemented by 4,403 square feet of warehouse and storage space featuring ceiling heights ranging from 12.5 to 21.5 feet and a drive-in loading door for efficient operations. An additional 6,285 square feet of second-floor office and storage space provides further flexibility for a variety of users. The property also includes covered outdoor storage, yard space, and parking areas, enhancing its functionality for commercial or industrial operations. The current tenant occupies the property on a month-to-month basis, offering potential flexibility for investors or owner-users. In addition to its existing income potential, the site presents a compelling redevelopment opportunity, with zoning that may accommodate up to 62 apartment units. A 5.0% leasing commission is available to outside brokers for lease years one through five, making this asset attractive for both investment and redevelopment strategies.