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Investment Highlights
- Fully leased mixed-use property with ground-floor retail and three residential apartments.
- Four on-site parking spaces accessible via easement for convenience and tenant retention.
- Positioned in an established B-C zoning district offering future flexibility.
- Longstanding retail tenant enhances income stability and neighborhood presence.
- Located near major roadways, public transportation, shopping, and dining amenities.
Executive Summary
Excellent opportunity to acquire a fully leased mixed-use building in a prime location. This income-producing property features a well-established barbershop occupying the ground-floor retail space, along with three fully leased residential apartments on the upper levels, providing stable and diversified cash flow. The property also includes four dedicated parking spaces accessible via easement, a valuable amenity for both commercial and residential tenants. Located within the desirable B-C zoning district, the property offers strong long-term investment potential and flexibility. Conveniently situated near major transportation routes, shopping, dining, and neighborhood amenities, this turnkey investment is ideal for investors seeking immediate income with minimal vacancy risk. Don't miss the chance to add this well-maintained, income-generating property to your portfolio
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1909
Price
$999,000
Price Per SF
$333
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.30
Lot Size
0.05 AC
Zoning
B-C - Commercial/Business District
Parking
4 Spaces (1.33 Spaces per 1,000 SF Leased)
Exceptionally walkable
90/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-00037-02-00029 | Improvements Assessment | $113,500 |
| Land Assessment | $62,500 | Total Assessment | $176,000 |
Property Taxes
Parcel Number
02-00037-02-00029
Land Assessment
$62,500
Improvements Assessment
$113,500
Total Assessment
$176,000
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604 Van Houten Ave



