This prime property presents a value-add opportunity for investors and owner-operators. The 34,944 SF building with 6 existing tenants offers immediate rental income and significant potential for growth. The versatile layout is ideal for a gym, furniture store, event center, banquet hall, or an owner looking to occupy a portion while collecting rent from the remaining units. Two of the units have operated as a successful event center for over 14 years, providing proven business model. Built in 1962, the property blends classic charm with functional commercial spaces. Zoned F, it allows flexibility for a wide range of business ventures.
Situated along the high-traffic East Lancaster Avenue corridor, the property benefits from strong visibility and access to major arterials. The surrounding trade area has a growing population and rising household incomes, reflecting expanding customer bases and redevelopment activity. The area is considered transitioning, with new mixed-use developments and improvements underway. All provided information should be verified.