$420,000 • living size area 2700 sqft

Commercial building available in the center of old englewood village, next to pioneer park where the brand new amphitheater will be built, starting september 2, 2021. current zoning allows (live above) up to 4 permanent units or 8 hotel/b&b units above office/retail/restaurant location building up to 3 stories, maximum height of 35 ft. currently 3 units, 900 sq ft each zoning allows for an additional unit on first floor and increasing the foot print to 7000 sq. ft., lot line to lot line. one unit has been built out to office/retail w/ energy efficient features, low energy lid lighting, high efficiency air conditioner features a ductsox, interior wall insulation, ceiling sprayed w/ close cell icynene fire retardant. kitchenette features ikea cabinets and counter tops, sink with dry rack, 18" dishwasher, small refrigerator. the electric bill is under $60 per mo. bathroom is now ada with a low flush toilet, sensor facet, towel & soap dispensers and accessible from the exterior of the building. middle unit will be available july 1st. second bathroom with middle unit accessible from the exterior is used during outdoor events. third unit is raw with construction beginning soon for a brand new bar and wine bar see attached drawings w/ a possible 90ft billboard on the back wall facing pioneer park. the sellers will begin construction of a brand new beer and wine bar expected to be open in december/january. this is the only property open to the new and improved park with the beautiful new amphitheater. this property is a money maker. the price will go up in increments as construction is completed, and again prior to opening and again once the bar is open. sellers also operate a large and growing farmers market weekly, and currently collects rental income, 8 months a year approximately $2500-3100 monthly (with 18-22 vendors at $35. per week), averaging about $22,000 additional income a year. this sale is for real property, real estate business is not available and will continue to operate.

Multi Family - ENGLEWOOD

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