17491 sqft
$1,499,900
Exceptional Mixed-Use Investment Opportunity! Welcome to 249 Murray Street, a fully leased, income-producing property offering strong, reliable cash flow in a high-visibility location. This well-maintained mixed-use building features a diverse tenant mix, including a long-established dance studio, a popular specialty grocery store, and a laundromat on the main level. At the rear of the property, a social club with ample on-site parking provides additional income and value. The upper level offers residential rental units, creating a balanced blend of commercial and residential revenue streams. With stable, long-term tenants already in place and exciting future development potential—including the possibility of townhouse redevelopment—this property offers both immediate income and significant long-term upside. Ideally situated close to public transit, major amenities, and other successful businesses, 249 Murray Street is a rare turnkey investment opportunity in a growing community. (id:51992)
Property Details
|
MLS® Number
|
40843954 |
|
Property Type
|
Other |
|
Amenities Near By
|
Public Transit, Schools |
|
Community Features
|
High Traffic Area |
|
Features
|
Visual Exposure |
Building
|
Basement Type
|
None |
|
Stories Total
|
2 |
|
Size Exterior
|
17491.0000 |
|
Size Interior
|
17491 Sqft |
|
Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
133 Ft |
|
Size Frontage
|
130 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
H-c7-3 |