$1,750,000

Property Description

Sold as is with right to inspect after accepted executed contract. Two contiguous lots zoned FH-2 sold together for development purposes. FAR-3.0 with buildable area of 32,748 SF, 34-36 residential units. Many other allowed uses (please see supplement for detailed information): Residential(3), Lodging(3), Office(1), Commercial(16), Civic(4), Educational(3), Industrial(4). Each lot has a separate folio number. Folio 5142 22 09 0490 contains a triplex and 5142 22 09 0491 an empty lot. Month to month tenants, w/ monthly rents of $3600. Collect rents while going through plans approval process. Both lots combined have an allowable buildable height of 140 ft /14 stories with the exception of 20ft of lot 24 where it can only go 55 ft/ 5 stories. Drive by but PLEASE DO NOT DISTURB TENANTS.
Courtesy of Lokation

Schedule to See Homes

Rob Lyszczarz