Description
MAJOR PRICE IMPROVEMENT! INVESTOR / REDEVELOPMENT OPPORTUNITY Vacant mixed-use building with UU zoning offered AS-IS, WHERE-IS. Approximately 4,500 SF between two levels. Ideal for investors, developers, or owner-users seeking a value-add or adaptive reuse project. Upper level previously configured as living space with 4 beds, 2 baths, kitchen area, and common space with skylight. Lower level was formerly operated as a restaurant/bar, with some original equipment remaining. Located next to the historic Lee Theater and behind the modern LRPD 12th Street Substation, which includes a café, bank, and law enforcement offices, bringing continued...read more investment to the area. UU zoning allows flexible redevelopment potential including residential conversion, mixed-use, office, or neighborhood-serving commercial uses (buyer to verify). Building requires full interior renovation and replacement of major systems. Value based on location, zoning, and redevelopment potential. *Preliminary architectural concept plans are available for review, offering buyers a starting point for potential redevelopment ideas. No current income. Cash or renovation financing likely. Buyer to perform all due diligence.