Description
Location, Location, Location!!! Single story building within two blocks of MS Aquarium in walkable downtown district with lots of office space, restaurants and nightlife. Building has a one bedroom apartment on the south, large space in the middle and office with half bath to the north so could easily be mix use with city approval. Street parking spaces in the front and a gated back lot with parking spaces. Current use is a Youth For Christ Teen Center with a large assembly room, two table game areas, 2 kitchens, 4 bathrooms, numerous storage rooms & a skate park (removed) in the rear parking lot that is ideal for a church or game room with no alcohol due to being to near a church. Extra parking on south side is not listed but owner said he would sell. City is offering a 7 year tax abatement for renovation projects exceeding $250k excluding cost of acquisition that meet their guidelines attached. This property is also in a Opportunity Zone where investors that want to defer or eliminate capital gains taxes are actively looking. See https://www.cdfifund.gov/opportunity-zones & https://www.nar.realtor/qualified-opportunity-zones for more info. Make your appointment today!!!
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1BEDS
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0.28ACRES
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3BATHS
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11/2 BATHS
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5,258SQFT
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$0$/SQFT
Description
Location, Location, Location!!! Single story building within two blocks of MS Aquarium in walkable downtown district with lots of office space, restaurants and nightlife. Building has a one bedroom apartment on the south, large space in the middle and office with half bath to the north so could easily be mix use with city approval. Street parking spaces in the front and a gated back lot with parking spaces. Current use is a Youth For Christ Teen Center with a large assembly room, two table game areas, 2 kitchens, 4 bathrooms, numerous storage rooms & a skate park (removed) in the rear parking lot that is ideal for a church or game room with no alcohol due to being to near a church. Extra parking on south side is not listed but owner said he would sell. City is offering a 7 year tax abatement for renovation projects exceeding $250k excluding cost of acquisition that meet their guidelines attached. This property is also in a Opportunity Zone where investors that want to defer or eliminate capital gains taxes are actively looking. See https://www.cdfifund.gov/opportunity-zones & https://www.nar.realtor/qualified-opportunity-zones for more info. Make your appointment today!!!