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Executive Summary
Exceptional mixed-use opportunity at 518 79th Street, ideally situated in the prestigious Doctors Row district. This versatile property features a fully updated medical office on the ground level, thoughtfully designed for healthcare professionals seeking a move-in-ready practice. The office offers handicap accessibility with a lift, a patient-friendly entrance, and a functional layout suitable for a variety of medical specialties. Above the commercial space is a spacious two-bedroom duplex, providing comfortable living accommodations or an excellent income-producing rental opportunity. A rare five-car private driveway adds significant value in this busy, high-visibility location, ensuring easy access for both patients and residents. The building has been extensively improved with fire-rated sheetrock throughout, upgraded electrical and plumbing systems, new windows, and a paved blacktop driveway. The residential unit has been tastefully renovated with a modern kitchen featuring custom cabinetry and countertops, a beautifully updated bathroom, and a welcoming porch with a newly rebuilt staircase. Combining a desirable location, quality renovations, and flexible residential and professional use, this turnkey property presents an outstanding investment or owner-user opportunity.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
2,000 SF
Building Class
C
Year Built/Renovated
1921/2019
Price
$1,260,000
Price Per SF
$630
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,000 SF
Building FAR
0.50
Lot Size
0.09 AC
Zoning
R1
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Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 08-00375-0000-00034 | Improvements Assessment | $196,800 |
| Land Assessment | $355,000 | Total Assessment | $551,800 |
Property Taxes
Parcel Number
08-00375-0000-00034
Land Assessment
$355,000
Improvements Assessment
$196,800
Total Assessment
$551,800
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518 79th St
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