The property is zoned CC - Commercial. The zoning allows most commercial & industrial uses like including outdoor storage, light manufacturing/distribution, office park, brewery, and more.
The property can make a great investment as well. It is currently leased to 30 month-to-month tenants for outdoor parking and storage and landscaping equipment storage. Property is grossing $20,000 per month, netting $13,000 per month. This strong income will provide an annual net income of $156,000. This NOI will yield an investor a strong 8.43% capitalization rate at a full asking price.
Seller financing is available
Seller financing is available to a qualified buyer with a 50% downpayment.
Sold for $3,100,000
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2025 | Sold | $3,100,000+63.2%$2,206/sqft |
Source: Public Record Report a problem | ||
| 2/25/2022 | Sold | $1,900,000+2.7%$1,352/sqft |
Source: Public Record Report a problem | ||
| 2/4/2022 | Pending sale | $1,850,000$1,317/sqft |
Source:  RE/MAX International #A11143200 Report a problem | ||
| 1/6/2022 | Listed for sale | $1,850,000+120.2%$1,317/sqft |
Source: RE/MAX International #A11143200 Report a problem | ||
| 12/16/2021 | Sold | $840,000-16%$598/sqft |
Source:  BeachesMLS #F10301006 Report a problem | ||
| 10/12/2015 | Listing removed | $999,900$712/sqft |
Source: Prime Asset Realty #A2161688 Report a problem | ||
| 9/28/2015 | Price change | $999,900-4.8%$712/sqft |
Source: Prime Asset Realty #A2161688 Report a problem | ||
| 9/18/2015 | Price change | $1,050,000-4.5%$747/sqft |
Source: Prime Asset Realty #A2161688 Report a problem | ||
| 8/20/2015 | Listed for sale | $1,100,000-15.4%$783/sqft |
Source: Prime Asset Realty #A2161688 Report a problem | ||
| 6/6/2005 | Sold | $1,300,000$925/sqft |
Source: Public Record Report a problem | ||
