Overview
- Updated On:
- June 18, 2024
Description
1.25+/- Acre Development Site on busy N Andrews Ave. 30,000 plus cars per day. Just rezoned to mixed use now allowing a multi-family rental or condo project. Ideal location for Hotel/Motel, Medical Offices, Shopping Center, Retail Stores, ACLF, Big Box Drug Store, Restaurant/Bar, Commercial Mixed use Commercial/residential project, Senior or Hometown Hero housing etc. This high income area with its unique demographics provides a wonderful opportunity for a developer to build something very special in the area AKA The San Francisco of the east. The two existing businesses currently on the site have agreed to remain in place until the new buyer is ready to develop the site. The city stated they may allow a density increase to 60 units on this site for the “Right” project.
- Principal and Interest
- Property Tax
- HOA fee