Listed by eXp Realty
$295,000
Mixed Use Corner - Retail w/ Apartments Above
Details
APN 661-0001-0200-00
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, Storefront
Square Footage 5,625
Units 3
Cap Rate 12.13%
NOI $35,770
Occupancy 50%
Tenancy Multi
Pro-Forma Cap Rate 12.13%
Pro-Forma NOI $35,770
Price per SqFt $52
Class C
Year Built 1900
Year Renovated 2020
Buildings 1
Stories 3
Acreage 0.011
Zoning B-2 Community Business
Investment Type Owner/User
Ground Lease No
Ownership Consumer
Current Home of Paradise Fitness
Marketing description
Don't miss this opportunity to acquire a stable asset in Elmwood Place. This mixed-use building is ready to generate income and/or home to your business. The 1875 SF ground floor retail space is currently home to a gym and salon. Upstairs, (2) 1875 SF, 3BD residential apartments offer consistent rental income. The large basement is perfect for extra storage for the retail space(s). Zoned B-2 Community Business - this property offers flexibility and a strong unit mix for any serious investor and/or owner/user!
Investment highlights
Ready to generate income and/or home to your business
Pproperty offers flexibility and a strong unit mix for any serious investor and/or owner/user
Listing Contacts
Listed by eXp Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$35,770.00
$2,980.83/mo
Valuation Metrics
0
DSCR
12.13%
Cap Rate
12.13%
ROI
Map
Zoning
B-2 CommercialNeighborhood CommercialCommunity Business
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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