This property is a versatile investment opportunity with several attractive features. Here are a few points to consider:
Mixed-Use Potential: The ability to accommodate residential, commercial, retail, office, and industrial uses opens up multiple avenues for revenue generation. Investors can choose to maximize income based on market demands.
Existing Income: The current residential units providing income can be beneficial for offsetting mortgage payments, making this a lower-risk investment, especially for owner-users.
Strategic Location: Proximity to I-125 and I-94 freeways enhances accessibility, which is crucial for both residential tenants and businesses. This can help maintain high occupancy rates and facilitate logistics for commercial tenants.
Yard Space: The large 16,000 SF yard is an advantage for businesses in contracting, landscaping, or roofing, as it provides ample space for equipment and materials. This feature could attract specific tenants seeking space for outdoor operations.