INVESTMENT PROPERTY - PRIME CORNER LOT with freestanding commercial kitchen, leased to a successful food production, sales and catering business. This property offers rental income to help cover your mortgage with upside for rent escalation and/or redevelopment. This excellent Townsite location comprises a large corner lot with exceptional visual exposure at the south-west corner of Marine (Hwy 101) and Ash Ave. C1 Zoning allows for a wide variety of commercial and mixed uses, including ancillary residential. Superb potential for redevelopment of 2 or 3 stories, with ocean views. The existing post, beam and glass canopy over the deck was added in 2021 by the vendor. Its not often you find a commercial investment property with substantial upside at this price point. Call listing agent for more info and to arrange a site visit. (id:25560)
Level lot, Corner Site, Sloping, Visual exposure, Signs allowed
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