Welcome to this unique mixed-use building in the heart of prime Midwood! Nestled in the vibrant community of Midwood, this mixed-use building measures 20x50 and sits on a 20x90 lot. The first floor boasts a spacious and well-laid-out restaurant space, providing an excellent opportunity for entrepreneurs to establish their culinary vision. With a high-visibility location, this space is ready to become a local hotspot. The second floor presents a unique residential unit featuring four bedrooms, one bathroom, a living room, and a kitchen. Perfect for an owner-occupant, this space allows for the convenience of living on-site while enjoying the potential income from the restaurant below. The property will be delivered vacant. Whether you're an aspiring restaurateur or looking to create a dream home, this property offers a blank canvas to bring your vision to life. With a restaurant on the first floor and a residential above, this property is a versatile investment with multiple income streams and potential uses. Enjoy the financial advantage of low property taxes of $6,247, offering a cost-effective ownership experience for investors or owner-occupants looking to maximize their returns. This presents an excellent opportunity for investors and renovators to customize the property to their specifications. The property is being sold As Is. Embrace the charm of this mixed-use gem and turn it into a thriving hub for both commercial and residential pursuits. Call today to schedule a showing!
|
DAYS ON MARKET
|
322
|
LAST UPDATED
|
2/5/2024
|
|
YEAR BUILT
|
1931
|
COMMUNITY
|
Midwood
|
|
COUNTY
|
Kings
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
|
Prior to Feb 5, '24
|
$1,900,000
|
| Feb 5, '24 - Today |
$1,780,000 |
| APPLIANCES |
Gas Water Heater |
| AREA |
Midwood |
| BASEMENT |
Full, Unfinished, Yes |
| CONSTRUCTION |
Brick |
| HEAT |
Natural Gas, Steam |
| LOT |
1742 sq ft |
| LOT DIMENSIONS |
90 x 20 |
| STORIES |
2 |
| TAXES |
6247 |
| ZONING |
M1-1 |
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Listing provided by Kelvin Ng Wu, Century 21 Realty First
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
This IDX solution is (c) Diverse Solutions 2024.
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