For Sale is a high-visibility corner location with 41,000+ average daily vehicle traffic, one block from only area supermarket and a growing population (detailed demographics in the attached document). A 635-unit apartment building located 6 blocks away came online at the end of 2025. This is a unique opportunity to acquire 2 deeded parcels as 1 with immediate cash flow and development upside. The total parcel is 5800 sq. ft. (58 ft along Federal Blvd x 100 ft along W 25th Ave) with two buildings: a 1881 sq.ft. commercial building and a 1240 sq.ft. house (2442 Federal). The zoning for both buildings is G-MX-3. *NOTE: although the two parcels are listed together, they can be easily divided and sold separately. The commercial building is 1881 sq.ft. and the house is 1240 sq.ft. The house has 3 bedrooms, 1 bath. The house is currently leased at $2500/month. The commercial building is a former laundromat (NO dry cleaning) which has been roughed in for a frozen yogurt/crepe shop, permits are still valid, and features -1.5” water tap with a new backflow preventer -3-phase power with transformer on premises -New wiring throughout with new electrical panel -New furnace, A/C -New water heater -Two restrooms roughed in -ADA compliant. -400 sq.ft. fenced patio along Federal with gas, water, electric hookups. W 25th Ave has newly finished streetscaping (fall 2025) for pedestrians and plenty of nearby parking is available. The house (3 bdrm, 1 bath) rents for $2500/month. The furnace and water heater are 9 years old and the wiring was updated in 1995.