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Property Description

Unique opportunity to own freestanding commercial building for sale together with attached developable parcel (MLS ID: A11307229) on heavily trafficked transit corridor positioned for strong new development growth. List price includes both parcels. 15K sq ft of total land, divided into +/-5K sq ft parcel & +/-10K sq ft parcel immediately abutting each other. The 5K sq ft parcel on North end of property has 3K sq ft building suited for a variety of retail, office, educational & general commercial uses. Generous T5-O Zoning allows mixed-use development from 21 to 42 residential units (depending on density bonuses) in addition to ground floor commercial. Property also allows for Hotel/AirBnB with up to 42 units by Right. In an Opportunity Zone. Currently operated as Day Care/Learning Center.

Overview

Property Status
Sold
Lot Size
0.34 Acres
MLS ID
A11307198
Property Type
Commercial
Year Built
1950

Features & Amenities

Stories
1
Lot Features
Corner Lot, Near Airport
Heat Type
Central Building A/C
Air Conditioning
Central Building A/C
Sales Price
$850,000
Real Estate Tax
$6,630/yr
Zoning
6101

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5861 NW 17th Ave

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