Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
| Lot Size: | 0.7 Acres |
Financials
Price:$3,450,000
Annual Taxes:$22,832
Listing Courtesy of Xcellence
East Atlantic Blvd Prime high traffic location featuring an approximately 32, 000 SF lot.
Description
East Atlantic Blvd: Prime high-traffic location featuring an approximately 32,000 SF lot. Plans were recently submitted to the city for a new mixed-use development project. The proposed two-story structure consists of 18 residential units on the second floor (12 one-bedroom and 6 two-bedroom units) and approximately 5,000 SF of commercial space on the first floor, totaling 14,47Net rentable area. The owner may consider a joint venture with qualified developers. Upon completion, the project has a projected annual gross income between $700,000 and $800,000.
Amenities
- Other
- Sewer Available
- Water Available
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
