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Investment Highlights
- Residential zoning with multifamily conversion potential
- Versatile Retail/ Industrial building
Executive Summary
Don't miss this exceptional opportunity to acquire a versatile Retail/Industrial building offering approximately 9,930 square feet of interior space, complete with convenient off-street parking at the rear. Featuring a prominent storefront and an expansive open floor plan across all three levels, the property presents endless potential for repositioning or redevelopment. Recent improvements include a brand-new roof and structural columns, providing a strong foundation for a variety of uses. All essential utilities are in place and operational, ready for a new owner's custom build-out. Additionally, the property offers potential for multifamily conversion and is situated within a residential zoning district, enhancing its flexibility and long-term value. An added benefit is the low annual property taxes of approximately $3,735, making this an even more attractive investment opportunity!
Property Facts
| Price | $299,999 | Lot Size | 0.24 AC |
| Price Per SF | $33.69 | Rentable Building Area | 8,904 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Flex | Year Built | 1907 |
| Property Subtype | Light Distribution | Parking Ratio | 0.67/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | A1 - Commercial | ||
| Price | $299,999 |
| Price Per SF | $33.69 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.24 AC |
| Rentable Building Area | 8,904 SF |
| No. Stories | 2 |
| Year Built | 1907 |
| Parking Ratio | 0.67/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | A1 - Commercial |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | NBRI-000005A-000000-D000070 | Improvements Assessment | $66,360 |
| Land Assessment | $28,980 | Total Assessment | $95,340 |
Property Taxes
Parcel Number
NBRI-000005A-000000-D000070
Land Assessment
$28,980
Improvements Assessment
$66,360
Total Assessment
$95,340
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500 Burritt St
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