1009 Meridian Ave E
Land | 2.6 acres
Marketing description
2.6-acre lot primed for redevelopment, situated directly across from the Safeway anchored, Surprise Lake Shopping Center. Commercial zoning (City of Edgewood) permits retail, office, and multifamily uses.
Investment highlights
Prime location just off Meridian Avenue, directly across the street from Surprise Lake Square, a grocery anchored shopping featuring Safeway, Grocery Outlet, Anytime Fitness, MOD Pizza and other national tenants.
Property is benefited by a corner lot location, relatively flat topography, efficient parcel shape, and great visibility and frontage along Meridian Avenue.
Ideally situated on the best corner of Milton/Edgewood, with significant recent commercial development in the immediate area.
The property is zoned Commercial (C ) within the City of Edgewood jurisdiction, which allows for retail, office, apartments/townhomes, and automotive uses as a Conitional Use. Link to Zoning Use Table.
There are currently several tenants on short-term leases, which can provide a developer with short-term cashflow during the entitlement/permitting period. Please contact broker for more details.
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