• 3 Units
• Unknown Sq Ft
• 5,779 Sq Ft
• Unknown Cap Rate

Description

Attention Investors: Location, Location, Location. Mixed use building , 1/2 block from the famous "5 Points" intersection of Rising Sun Ave,, Cottman Ave., & Oxford Ave. 5-Car Parking lot behind building. 1st Floor: 1,200 Sq.Ft. Office Space, completely renovated in 2016. Currently leased to Family Financial Services for $2,200/month. Lease ends August 1, 2026. 2nd Floor: 1,000 Sq. Ft. 2 bedrooms, 1 Full Bathroom, Kitchen & Living Room. Currently leased to Family Financial Services for $1800/month. Lease ends August 1, 2026 3rd Floor: 600 Sq. Ft. unfinished apartment/studio/workspace.

Allowable Uses in CMX-1 Zoning:
1. Commercial Uses:
Retail Sales -Stores selling goods directly to consumers, such as clothing, electronics, or grocery items.
Personal Services-Businesses that provide services such as hair salons, nail salons, or dry cleaning.
Restaurants/Cafes-Establishments that serve food and beverages, with varying levels of service (quick service, sit-down dining).
Offices-Small professional offices (e.g., law, real estate, insurance).
2. Residential Uses-Dwelling Units-Residential apartments or condominiums, either as standalone units or as part of a mixed-use building that includes commercial space on the ground floor.
3.. Institutional Uses-Places of Worship: Churches, synagogues, or other religious institutions.
Community Centers-Facilities for community events, services, gatherings that serve local residents.
4. Entertainment and Recreation Uses-Cultural Facilities-Art galleries, museums, performance venues.
Health and Fitness-Gyms or wellness centers.
Description of Businesses Allowed:
Retail Stores-Clothing boutiques, gift shops, hardware stores, and similar enterprises that fulfill the shopping needs of local residents.
Food Establishments-From small cafes offering coffee and pastries to restaurants with full-service dining, these businesses cater to diverse culinary preferences and enhance the local dining scene.
Service-Based Businesses-Offices for professionals-doctors, lawyers, accountants, personal care services like hair and nail salons.
Residential Units-apartments above commercial spaces, contributing to the urban mixed-use character he zoning encourages.
Community and Cultural Organizations-Spaces that engage and enrich the community.