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This 2.44-acre mixed-use lot offers an incredible investment opportunity with its versatile zoning, existing rental income, and potential for commercial and residential development. With a preliminary site plan suggesting the creation of a vibrant community and amenities, the options for this property are truly limitless. The front portion of the lot is designated as commercial, allowing for a wide range of business ventures. Currently, a thriving tire shop operates on the premises, providing a steady stream of rental income. Adjacent to the tire shop is an abandoned restaurant space, brimming with potential for renovation and reimagining. A mobile home and an RV, both of which generate additional rental income. With the ability to subdivide the residential section into 8 or 9 lots, the potential for building single-family houses is vast. with a vision for high-density residential projects, there is the possibility of converting the zoning to accommodate such plans. Plus seller financing is available.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Carmel Valley Realty Company are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The 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. © 2022 MLSListings Inc. All rights reserved. http://www.mlslistings.com/ Updated: 24th September, 2023 8:48 PM (UTC)
Listing Agent: Mae Liu | Agent phone: 669-241-8308
Listing Office: BQ Group Inc