Remarks

Welcome to your next investment opportunity! Located in the heart of an upcoming redevelopment zone, this commercial building offers versatility and immense potential for growth. Formerly used as a warehouse, the property sits near the exciting “Uptown” development and benefits from excellent exposure, making it an ideal location for any business. The building’s flexible design makes it perfect for a wide range of uses, from commercial or retail space on the ground floor to the possibility of building UP and having residential or Office suites on upper levels. It’s structurally designed to support the addition of a second or even third story, where you can enjoy the river views! For those interested in warehousing or storage, the property is equipped with loading bays, making it a strong contender for use as a storage facility or other industrial purposes. With its prime location and multi-story development possibilities, this property offers a unique opportunity to create a mixed-use space that capitalizes on the surrounding neighborhood’s growth. Whether you’re looking to expand your business, develop residential units, or invest in a high-potential storage facility, this building is ready for its next chapter and is ready for a new use. Creative/Seller Financing is an option.

Details

MLS#: 50156197
Price: $499,900

Style: Commercial/Industrial
Sq Ft: 10094
Year Built: 1987

County: Bay
Subdivision: Village Of Portsmouth
Lot Size: IRREG.
Tax Fee: 6761