Step into a lovely private cottage feel estate with mature landscape and unmatchable charm. This 2/2 home is zoned B-2 and is currently a hair salon up front and residential in the back. There is an adorable she shed conversion with a kitchenette and half bath, along with a private and cozy outdoor shower. It would make a darling Airbnb or rental. Must see in person. View the layout with images in the url link. Specs: • Exterior Assets: o Oversized Carport (20' x 22' x 12' H): Perfect existing shade structure o Storage Shed (10' x 13'): Secure storage for tools, soil, and inventory. o Potting Shed (10’ x 8’) o All fenced in with 4 separated zones with gates. o Parking lot of 9 spaces plus carport. 2 are paved. o Mature landscape. VALUATION PERSPECTIVE Comparables we know. 1. (The Fixer-Upper) • Address: 18 SE 14th Ave (Directly across the street) • Sold Date: April 2025 (Very Recent) • Sold Price: $205,000 • Analysis: This house was smaller (1,144 sq ft) and required a new roof, plumbing, and electric. It also needed exterior paint and a parking lot. • Your Advantage: You have already incurred those capital expenditures (CapEx). A business buyer knows that re-roofing and rewiring a commercial building can easily cost $50,000–$70,000 and months of permitting downtime. Your property is ready now. 2. (Turnkey Residential/Office) • Address: 24 SE 14th Ave (2 doors down) • Sold Date: April 2023 • Sold Price: $382,000 • Analysis: This was a larger home (1,885 sq ft) in very good condition. While this home is smaller (1,189 sq ft), the commercial utility of the lot and zoning helps bridge the gap between the $205k fixer and this $382k estate. 3. Commercial Land Value • Vacant Land: Vacant B-2 or commercial lots in this corridor often trade for $15 per sq ft. in high demand areas. • Our Land: At ~14,400 sq ft, the raw land value alone is roughly $216,000.
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