4830-40 N Front Street

Description

Investment/Development Opportunity " Mixed-Use Building with Approved Plans zoned CMX2Property Overview: 4830-40 N Front Street Address combined.A 13,070 sq ft commercial building/warehouse located on a high-visibility, high-traffic intersection. The property offers significant income potential and development upside with approved zoning and partial renovations already underway.Key Features:Existing Structure:13070 sq ft warehouse with two loading docks/garage door entriesIncludes a fully separate, already-rented 3-bedroom, 1-bathroom apartment long term tenant and brings in $1,700 a month.Zoning & Development Potential:Approved plans for a 37-unit apartment building above the existing structure5 ground-floor retail storefronts " can be leased individually or combined for larger tenant use store fronts already framed separately.Renovation Status:Property requires full rehabilitationSome framing, electrical, and plumbing work has already been startedLocation Highlights:Corner lot at a busy intersection, ideal for retail and residential exposureHigh foot and vehicle trafficEasy access to public transportation and major roadways as well as schools.Investment Summary:This property is ideal for developers or investors seeking a value-add opportunity in a high-demand area. With zoning already approved for a mixed-use structure, and preliminary rehab work in progress, much of the groundwork has been laid for a profitable redevelopment.