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Investment Highlights
- The exciting Trails Crossing under I-275 is only a block away and the new Transit Oriented Overlay is changing the development potential.
- Approximately 90' of Central Ave frontage with several store front openings available
- Potentially no parking requirement
- This property is located near the intersections of the Grand Central District, Edge District, Warehouse Arts District
- Very High Ceilings
Executive Summary
This building has the potential for six storefronts with 90' of frontage on Central Ave. The building has very high ceilings and is ready for the owner with vision. Originally, the property appears to have been two buildings. This property is located in the heart of everything happening in the city at the crossroads of The Grand Central District, Edge District and the Warehouse Arts district. The exciting Trails Crossing project taking place under I-275 is only a block away. There are nearly 2,000 new units built, under construction or planned two blocks away on the other side of I-275 overpass. Additionally, the proposed Transit Oriented Development Overlay would eliminate any parking requirements if passed. "16.030.060.3.1.F Parking requirements. A. All uses located within ¼ mile of a station location, and approved under the SunRunner BRT Overlay, are
exempt from the minimum number of parking spaces required."
exempt from the minimum number of parking spaces required."
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,370 SF
Building Class
C
Year Built
1948
Price
$2,499,000
Price Per SF
$298.57
Tenancy
Single
Building Height
1 Story
Building FAR
0.93
Lot Size
0.21 AC
Zoning
CCT-2 - COMMERCIAL
Parking
22 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The space is currently in shell condition as it was used as a warehouse. There is currently no water or A/C. This space is delivered "As Is".
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,370 SF | Industrial | - | Now |
1st Floor
| Size |
| 8,370 SF |
| Space Use |
| Industrial |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 8,370 SF |
| Space Use | Industrial |
| Position | - |
| Available | Now |
The space is currently in shell condition as it was used as a warehouse. There is currently no water or A/C. This space is delivered "As Is".
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-31-16-44190-006-0040 | Improvements Assessment | $427,855 |
| Land Assessment | $1,012,145 | Total Assessment | $1,440,000 |
Property Taxes
Parcel Number
24-31-16-44190-006-0040
Land Assessment
$1,012,145
Improvements Assessment
$427,855
Total Assessment
$1,440,000
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1922 Central Ave
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