
1672 Morgan Street
Mixed Use | 2,864 SqFt
Marketing description
Bring your vision and transform this property into a revitalized income producing asset! Mixed-use investment opportunity with significant value-add potential. Previously operated as a barbershop with residential units, this property features a street-level commercial space complete with a half bath and private office, along with three separate apartment units throughout the structure. The upper level unit includes a three bedroom, one bath layout with a fireplace centered living space, dedicated dining area, and sunroom. Two additional apartment units offer two bedroom configurations with kitchens, living areas, and full baths, creating multiple income producing possibilities. The property has been vacant for an extended period and requires substantial renovation, making it ideal for investors, developers, or buyers seeking a redevelopment project. With commercial zoning, close proximity to the medical district, and ongoing redevelopment in the surrounding area, the site offers strong potential for mixed-use redevelopment, rental income growth, or a strategic repositioning project.
Investment highlights
- Mixed-use investment opportunity with significant value-add potential
- Previously operated as a barbershop with residential units
- Street-level commercial space complete with a half bath and private office
- Three separate apartment units throughout the structure
- Upper level unit includes a three bedroom, one bath layout with a fireplace centered living space, dedicated dining area, and sunroom
- Two additional apartment units offer two bedroom configurations with kitchens, living areas, and full baths
- Property has been vacant for an extended period and requires substantial renovation
- Ideal for investors, developers, or buyers seeking a redevelopment project
- Commercial zoning, close proximity to the medical district
- Ongoing redevelopment in the surrounding area
- Strong potential for mixed-use redevelopment, rental income growth, or a strategic repositioning project
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