Remarks

This 2,752 ± square foot commercial building offers a versatile layout ideal for a range of business uses. Originally constructed in 1951, the building is of durable cinder block construction on a concrete slab foundation, with fresh exterior paint enhancing its curb appeal. Fully remodeled throughout, the interior features new laminate flooring, fresh sheetrock and paint, and updated electrical systems and lighting. The building is divided into three distinct spaces. The center unit includes plumbing with a kitchen-style sink and cabinetry. All three spaces are connected by a rear hallway that provides access to two shared half baths. Each unit has its own exterior entrance, making the building well-suited for multiple tenants; however, interior connecting doors allow for seamless operation as a single business if desired. Ideal for Owner-Occupant with Rental Income Potential This property presents an excellent opportunity for an owner to occupy one unit while generating rental income from the other two. Each unit can operate independently, or the building can be used in its entirety. The property is serviced by a single electric meter, one gas service, and one city water curb stop. Whether used as office space, a retail storefront, or for service-based businesses, the configuration supports a wide variety of commercial applications. Upgraded Building Systems and Central Zoning Situated on a 100' x 118' lot just one block off Central Avenue, the building features a recently installed sloped metal roof and a natural gas boiler system, new in 2021. Located within the City of Malta's Central Business District, the property benefits from flexible zoning regulations that accommodate a broad range of commercial business options. Property taxes for the 2024 tax year were $1,168.30.

Details

MLS#: 11527535
Price: $175,000

Style: Commercial Building
Bedrooms: 0
Baths Full: 0
Baths Half: 0
Sq Ft: 2752
Year Built: 1951

Tax Fee: 1168