Listed by Tennant Commercial Advisors
$490,000
538 Old Town Mall
Details
Property Type Retail
Sub Type Storefront
Square Footage 6,144
Class C
Year Built 1920
Zoning C-2
Retail | 6,144 SqFt
Marketing description
Value Add Opportunity for an owner-user or investor. The 3-story
structure was built in 1920 and has two staircases and two
entrances. The first floor is leased to a child daycare for
$2,000/month, plus expenses. The two upper floors have been
gutted and are ready for new interior construction. The building’s
brick exterior has been re-pointed and the roof is in good shape.
Seller is willing to complete the interior buildout as a contractor
for the new owner. This is a chance to purchase your own building
at an affordable price and complete the interior design based on
your business needs.
Investment highlights
- Value-Add Investment Opportunity For Owner-User or Investor
- Located in an Opportunity Zone & Enterprise Zone
- Located in the Perkins Somerset Oldtown Transformation District
- Retail Building In Shell Condition – Ready for Interior Buildout
- Total Building Size is 6,144 sf
- Zoned C-2, allows retail, residential and office uses
Listing Contacts
Listed by Tennant Commercial Advisors
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