Highlights

• Corporate Training Center
• Not-for-profit Center
• Day Care Center

• Condo Conversion
• Bed and Breakfast

Description

607 West Deming offers many possibilities for the prospective buyer. The real value of 607 Deming is its layout, space, and zoning. Currently housing a B&B, the first possible use of this property is to continue its operation. The current owner would train the Buyer as well as turn over all goodwill assets and inventory including furniture. Many corporations would benefit from having a training center/dormitory based at 607 Deming, which has 10 bedrooms, and 3 large living rooms/family rooms.Arguably, the highest and best use of the property would be a plethora of not-for-profit possibilities. The property is also zoned for a day care center. The Single Most Impressive Statistic about 607 Deming is that the total square footage of the listed rooms is 6205 Square Feet, which refers to only the square footage of those rooms that would go on an agent's listing sheet. A summary of all SOLD properties for single-family houses in the area reveals that Of the 29 properties sold during between 2006 and 2008 the average price per listed square foot was $700. That alone would price this unit at over $4.3 M, and this unit is zoned Rm-5.

Take Lake Shore Drive to Fullerton to Clark north to Deming, and west to the property.