Description
Welcome to your next investment opportunity! This remarkable historical building & income-producing property offers the perfect blend of commercial and residential spaces, in a high- traffic locations. Key Features: The ground floor boasts a versatile commercial space (four separate units), currently one space is currently rented. With a little TLC this space has the potential to shine even brighter, attracting more tenants or businesses to this up-and-coming area. Upstairs Apartments: The upper-level houses two one bedroom one-bathroom apartments. One of them is already rented for $ 600 per month to a long-time tenant. Location: High traffic area, this property is surrounded by potential customers and clients. Its strategic location ensures a constant flow of traffic making it ideal for businesses seeking visibility and accessibility. Restoration: With a bit of restoration, this property can recapture its former glory increasing its value and income potential. Whether you envision revitalizing the commercial space or upgrading the apartments there is ample room for creative improvements. Don't miss your chance to own an income producing gem that combines commercial potential with residential comfort. Close to Cedar key and other attractions
-
0BEDS
-
0.49ACRES
-
0BATHS
-
01/2 BATHS
-
5,828SQFT
-
$43$/SQFT
School Ratings & Info
Description
Welcome to your next investment opportunity! This remarkable historical building & income-producing property offers the perfect blend of commercial and residential spaces, in a high- traffic locations. Key Features: The ground floor boasts a versatile commercial space (four separate units), currently one space is currently rented. With a little TLC this space has the potential to shine even brighter, attracting more tenants or businesses to this up-and-coming area. Upstairs Apartments: The upper-level houses two one bedroom one-bathroom apartments. One of them is already rented for $ 600 per month to a long-time tenant. Location: High traffic area, this property is surrounded by potential customers and clients. Its strategic location ensures a constant flow of traffic making it ideal for businesses seeking visibility and accessibility. Restoration: With a bit of restoration, this property can recapture its former glory increasing its value and income potential. Whether you envision revitalizing the commercial space or upgrading the apartments there is ample room for creative improvements. Don't miss your chance to own an income producing gem that combines commercial potential with residential comfort. Close to Cedar key and other attractions
© 2023 Dixie Gilchrist Levy Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Hatcher Realty Services Inc.. Data last updated: 2023-09-21T23:53:35.403.