Discover an exceptional investment opportunity in the heart of the Gaming Zone at 124 N 3rd Street, a newly remodeled mixed-use building offering unmatched versatility and upscale finishes. This property combines expansive retail and office space with premium residential units, creating a dynamic environment for both business and lifestyle. The main level features a large retail/office area with 18-foot ceilings, a conference room, and three private offices, all complemented by high-quality furniture and equipment. Additional basement storage/shop space adds functionality.
Upstairs, a luxurious apartment is fully completed and move-in ready, boasting top-of-the-line furniture and appliances. Additional residential options include a nearly finished apartment and a one-bedroom efficiency unit with a smart layout and modern finishes. The property also includes a large storage area with a separate entrance and a valuable surface parking lot (.34 acres) north of Carr Avenue, ensuring convenient off-street parking for tenants and visitors. The building was originally constructed around 1900 and retains significant architectural details typical of commercial properties of that era. Primary heat is radiant, but the piping has been routed to the original radiators, which helps retain the interior's historic character.
The heat source runs on propane, and the propane tanks are included. It could easily be converted to natural gas. There is a finished retail space with direct access from Third Street, and two other potential retail or shop spaces that are not finished. The property is being sold as is; buyer brokers are welcome, and compensation can be discussed in private.
124 N 3rd Street offers strong potential for income generation through retail, office, and residential leasing, supported by its prime location and recent renovations. Ideal for investors seeking a turnkey property with multiple revenue streams.