?? VALUE-ADD MIXED-USE CORNER PROPERTY | MOTIVATED SELLER ??
Excellent corner mixed-use investment located at the high-visibility intersection of Franklin St & 4th St. Strong in-place income with upside potential.
INCOME BREAKDOWN
First Floor – Commercial
• Nail Salon: $2,800/mo (central AC – long-term use)
• Juice Bar: $1,500/mo (currently vacant – immediate upside)
• Warehouse: $1,500/mo (currently rented)
Second Floor – Residential
• 2 Apartments: $3,000/mo total (window AC)
CURRENT INCOME: $7,300/month
PROJECTED INCOME: $8,500/month+ after leasing vacancy
ADDITIONAL VALUE
• Large attic with good ceiling height – potential for additional unit(s) or expansion (buyer to verify)
• Corner lot with excellent exposure
• Lot size: 50 x 100
• Annual property tax: approx. $24,000 after tax reduce become $15000
• Easy street parking
• Ideal for investors or owner-users
SELLER IS HIGHLY MOTIVATED – PRICED TO MOVE
Perfect for investors seeking stable cash flow + value-add opportunity.
Let me know if you’d like financials, photos, or a private showing.