Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1996
Sq.Footage
27,745
We are pleased to present Kaley Square, a mixture of 32 commercial/residential units on 12 lots totaling 4.27 acres. The prospective income upon increasing rents is estimated at $500,000 and the seller will consider seller financing. The property has been over 90% occupied for decades and has long term tenants spanning back to the 90's. This investment offers a prospective 10%+ cap with the opportunity to redevelop the site and own nearly an entire city block. Communication with the county shed light on the option to change the zoning and FLU to Neighborhood Commercial and increase value in the site for future redevelopment. This property is truly one of a kind.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Other, Wood Siding
-
Pool
No
Area & Lot
-
Lot Size(acres)
4.27
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$4,000,000
-
Tax Amount
3266.0
-
Zoning
C-3 & R-2
-
Sq. Footage
27, 745
-
Price/SqFt
$144
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Other, Slab
-
Ownership
Partnership
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Location
County
Orange
Elementary School
Middle School
High School
Listing Courtesy of Robert Kirkwood, IV , MAVREALTY
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Business Coach | Executive Sales Associate | Realtor®
MichaelGraf
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