Description
MLK Corridor, Corner mixed-use building with 3 residential units + 34 retail spaces. Current rents below market, short lease terms allow for repositioning. Hood in place, new conduit, new plumbing, raised ceilingsnear turnkey. Stable income with rent growth potential. Significant opportunity to increase NOI through lease-up, rent adjustments, and improved tenant mix. Thriving MLK corridor with strong foot traffic and continued development.
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5BEDS
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0.12ACRES
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5BATHS
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31/2 BATHS
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7,080SQFT
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$311$/SQFT
School Ratings & Info
Description
MLK Corridor, Corner mixed-use building with 3 residential units + 34 retail spaces. Current rents below market, short lease terms allow for repositioning. Hood in place, new conduit, new plumbing, raised ceilingsnear turnkey. Stable income with rent growth potential. Significant opportunity to increase NOI through lease-up, rent adjustments, and improved tenant mix. Thriving MLK corridor with strong foot traffic and continued development.
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