Listed by Century 21 Downtown
$1,300,000
5-7 S Carrollton Ave
Details
Property Type Special Purpose
Sub Type Other
Square Footage 4,950
Lot Size (SqFt) 1,306
Special Purpose | 4,950 SqFt
Marketing description
Business District, Corner
Discover a prime investment opportunity in the heart of the bustling Hollins Market business district. This updated commercial property, built in 1900, boasts a solid brick and frame construction, ensuring durability and character. The 1st floor houses two commercial units and one studio apartment. While the 2nd and 3rd floors are apartment units with 2 bedrooms (2nd floor) and one bedroom (3rd floor). The building is completely renovated with sprinkler systems, separately metered and has versatile flooring options, including vinyl, ceramic tile, and concrete, allowing for easy customization to suit your business needs. The property is located in a corner lot, which offers excellent visibility and accessibility, making it an ideal location for a variety of business ventures. The surrounding area is vibrant, with a mix of shops, restaurants, and local attractions, creating a dynamic environment that draws foot traffic and potential customers. Enjoy the stunning views of the city and street, enhancing the appeal of your business to passersby. Investing in this location not only offers immediate business potential but also positions you for long-term growth in a thriving district. The combination of a historic building and a strategic position creates a unique opportunity for savvy investors looking to capitalize on the area's ongoing development and revitalization. Seize the chance to make your mark in this vibrant community, where the potential for returns is as bright as the city views.
Listing Contacts
Listed by Century 21 Downtown
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?









































































































































































































