Description
Investment project opportunity! This is a multi use building. Lots of potential for the new buyer to add value. The ground floor has two tenant businesses. While the upstairs has value add potential. The second floor is currently in original condition, but can be built out with 6 apartments. Or renovate to accommodate more commercial uses like office or retail etc. The second floor has blueprints for the 6 unit apartment layout- approved by the city., With multifamily renovations completed and fully rented, the asset value is projected to be worth between $1.6-$1.8 Million.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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1,400SQFT
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$679$/SQFT
School Ratings & Info
Description
Investment project opportunity! This is a multi use building. Lots of potential for the new buyer to add value. The ground floor has two tenant businesses. While the upstairs has value add potential. The second floor is currently in original condition, but can be built out with 6 apartments. Or renovate to accommodate more commercial uses like office or retail etc. The second floor has blueprints for the 6 unit apartment layout- approved by the city., With multifamily renovations completed and fully rented, the asset value is projected to be worth between $1.6-$1.8 Million.
Listing provided courtesy of SVN High Desert Commercial: 2085358520.