This 5,633 square foot freestanding mixed-use building offers a compelling value-add opportunity in a centrally located and transit-accessible corridor. The property consists of approximately 2,900 square feet of ground-floor retail space, 2,293 square feet of residential space on the second level, and 440 square feet of enclosed common area. Originally constructed in 1955, with the roof replaced in 2007, the building presents significant upside through repositioning and rent adjustments.
Current leases are below market, providing strong potential for income growth through strategic renovations or tenant turnover. Located within walking distance to a major transit station, the property benefits from excellent accessibility and visibility in a vibrant commercial area. Priced competitively on a per-square-foot basis, this asset is well-suited for investors seeking to unlock value in a mixed-use property with both retail and residential income streams.
