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Investment Highlights
- Spacious Bar
- Large commercial kitchen
- Open Floorplan
- also includes a basement storage and a private office for the commercial space.
Executive Summary
Rarely available mixed-use income property now offered at the significantly reduced price of $250,000 — down from $290,000. This versatile property is ideally positioned for investors, restaurant operators, or hospitality entrepreneurs seeking a ready-to-go commercial space paired with reliable residential income.
FIRST-FLOOR COMMERCIAL SPACE:
The ground floor is a fully built-out hospitality venue featuring a full-service bar with existing infrastructure, a lounge area, a dedicated restaurant/dining space, and a professional-grade full kitchen. Two commercial-grade bathrooms serve the space, which is ideal for a bar, restaurant, taproom, event venue, private club, or lounge concept. The space is move-in ready for an owner-operator or can be leased to a commercial tenant.
SECOND-FLOOR RESIDENTIAL UNITS:
The upper floor contains three (3) one-bedroom apartments with electric and heat included, offering a landlord-friendly structure with simplified billing. These units provide consistent rental income to offset ownership costs and create immediate positive cash flow.
UTILITY INFRASTRUCTURE:
The building contains 4 separate gas meters, providing individual metering flexibility for all units and the commercial space — a significant operational and management advantage.
FIRST-FLOOR COMMERCIAL SPACE:
The ground floor is a fully built-out hospitality venue featuring a full-service bar with existing infrastructure, a lounge area, a dedicated restaurant/dining space, and a professional-grade full kitchen. Two commercial-grade bathrooms serve the space, which is ideal for a bar, restaurant, taproom, event venue, private club, or lounge concept. The space is move-in ready for an owner-operator or can be leased to a commercial tenant.
SECOND-FLOOR RESIDENTIAL UNITS:
The upper floor contains three (3) one-bedroom apartments with electric and heat included, offering a landlord-friendly structure with simplified billing. These units provide consistent rental income to offset ownership costs and create immediate positive cash flow.
UTILITY INFRASTRUCTURE:
The building contains 4 separate gas meters, providing individual metering flexibility for all units and the commercial space — a significant operational and management advantage.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,843 SF
Building Class
C
Year Built
1920
Price
$250,000
Price Per SF
$51.62
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.24
Lot Size
0.09 AC
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 261400 120.55-3-16.001 | Total Assessment | $121,100 (2025) |
| Land Assessment | $13,200 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $107,900 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
261400 120.55-3-16.001
Land Assessment
$13,200 (2025)
Improvements Assessment
$107,900 (2025)
Total Assessment
$121,100 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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