CALLING ALL INVESTORS! INCREDIBLE OPPORTUNIY TO OWN THIS HISTORIC MIXED USE BUILDING LOCATED ON A HIGHLY VISIBLE CORNER LOT IN THE VILLAGE OF RED CREEK. THE CORNERSTONE RESTAURANT AND BAR IS A FULLY OPERATIONAL, TURNKEY BUSINESS LOCATED ON THE FIRST FLOOR OF THIS HISTORIC STAPLE IN THE HEART OF THE VILLAGE. UPSTAIRS, YOU WILL FIND 6 INCOME PRODUCING RESIDENTIAL RENTAL UNITS WITH A MIX OF EFFICIENCY, 1 AND 2 BEDROOM LAYOUTS. CONSISTENT RENTAL HISTORY WITH ROOM FOR INCREASED REVENUE. ROOF IS ONLY TWO YEARS OLD. INCLUDED IN THE SALE IS TWO PARCELS- ONE WITH THE BUILDING AS WELL AS THE ADDITONAL SURROUNDING LOT ADDING TO THE OFF-STREET PARKING, THIS BUILDING HAS EXCELLENT STREET VISIBILITY AND FOOT TRAFFIC, CLOSE PROXIMITY TO SHOPS, SERVICE AND LOCAL AMENTITIES.
BUILT IN THE 1800S, THIS BUILDING BOASTS TIMELESS ARCHITECTURAL ELEMENTS, HIGH CEILINGS, LARGE WINDOWS AND A COMANDING PRESENCE IN THE VILLAGE ITSELF. WHETHER YOU'RE LOOKING TO OWN AND OPERATE A BUSINESS DOWNSTAIRS WHILE LIVING ABOVE, OR SEEKING A FULLY LEASED INVESTMENT PROPERTY WITH STRONG INCOME POTENTIAL, THIS BUILDING OFFERS ENDLESS POSSIBILITIES AND IS WAITING FOR IT'S NEW OWNER TO BREATHE NEW LIFE INTO IT.
8,380 Sq Ft
0.53 Private Acres Lot Size
commercial
$507 Monthly Tax
Built in 1880
MLS/Listing ID S1645668
2 Stories
7 Units
Lot - Rectangular Lot
Parking - On Site
Shingle
Public Sewer
Public Water
Heating - Forced Air
Heating - Gas
Heating - Hot Water
Carpet
Linoleum
Vinyl
TOTAL MONTHLY COST
$0
$0
$0
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