Great Development opportunity on Point Breeze Ave! This property features 3 store fronts and residential units above that are in need of full renovation. Currently, a pharmacy rents the one commercial space for 1,950 per month with the lease expiring in December, and the other two commercial spaces are vacant. Either renovate this property or tear it down and build a new building on this bustling commercial corridor. Per the zoning code, you can build an 8 unit building with ground floor commercial. There is an opportunity to build a 12 unit building if you provide 1 affordable unit per the zoning code. This block is surrounded by $700,000+ new construction homes and is a great spot to open a business and has high demand for rentals. Excellent opportunity for a business owner or a developer. Come view this one before it's too late!
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Courtesy of: OCF Realty LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 5th October, 2022 3:43 PM (UTC)
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