HUGE PRICE REDUCTION BUY ALL OR PART! PRICED BELOW ASSESSED VALUE WHICH IS $5,197,800 FOR THE BUILDING AND THE LOTS! RESTAURANT & MAIN LOT CAN BE BOUGHT FOR $2,100,000! Exceptional opportunity to continue as a restaurant location or redevelop or convert the building to other uses. Hotel, Condominiums or Retail. Three lots have a total of 85,405 sf of land. Lot A 26 Condos or 56 Hotel Rooms. Lot B 47 Condos or 99 Hotel Rooms. Lot C 4 Condos or 14 Hotel Rooms. The current building seats 625 and there are a total of 140 parking space PLUS ample street parking. Current building could be converted to retail with 12,000 sf of public space and 4,500 sf of storage space. Plus there is storage and employee housing on the second floor. Gross square footage is 23,535+/-. Owner will be auctioning the furniture, fixtures & equipment.

Property Type: Other Business Opportunity
Year Built: 1977
Tax Year: 2017
Listing ID: 7V5ERX
MLS ID: 1002345626
Style: Other Style
Lot Size: 1.96 AC
Taxes: $44,377
Property Features
Water: Other Water Source
Cooling: Central A/C
Sewer: Public
Area Demographics