47 East Grand Avenue
Also listed as Office, Multi-Family
|Catylist Listing ID:
Multi-Family, Office, Retail, Other
|Gross Land Area:
||Cash to Seller
Overview / Comments
45 & 47 East Grand Avenue are listed as a package at $775,000.
Buyer-developer has two business opportunities for the 5,550 +/- SF lot improved with two buildings; 1) Raze both buildings and construct a mixed-use three-story building with a business on the first floor and four residences upstairs and on-site parking; or 2) Raze 45 East Grand Avenue building to provide much needed on-site parking to serve 47 East Grand Avenue.
47 East Grand Avenue is improved with a mixed-use two-story building comprising a 2,000 +/- SF restaurant on the first floor and a rooming house on the upper floor with ten bedrooms, three baths, kitchen and porch. Second floor has housed summer workers for many years. The dearth of nearby housing yields pricing power for the buyer-owner.
Attachments & Media
||Central Business District
||Level lot improved with two buildings.
||Electric, Water, Gas, Sewer, Cable, Internet Access
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