High-Potential Redevelopment in Opportunity Zone
Mixed Use
Marketing description
Multi Family Mixed Use High-Potential Redevelopment in Opportunity Zone
This property, currently operating as a bowling alley, presents a rare development opportunity within a federally designated Qualified Opportunity Zone (Expires 12-31-2026). Surrounded by a mix of residential neighborhoods and small businesses, the site offers exceptional redevelopment potential with access to significant tax incentives.
Sales Price: $5,990,000 (including cell tower lease)
Investment highlights
-2.80 acres located within a federally designated Opportunity Zone – offering significant tax benefits for investors.
-Strategic mixed-use setting surrounded by residential communities and small businesses.
-Current improvements include a large-format bowling alley building, and cell tower with ample parking.
-Cell tower with monthly income
-Flexible redevelopment potential, suitable for multi-family, retail, or mixed-use development (subject to zoning).
-High-visibility location with strong long-term growth prospects.
-C-TRAN service on Evergreen Blvd.
-Walk Score: 72 Very Walkable
-Sales Price: $5,990,000 (including cell tower lease)
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