This 2.44-acre mixed-use lot offers an incredible investment opportunity with its versatile zoning, existing rental income, and potential for commercial and residential development. With a preliminary site plan suggesting the creation of a vibrant community and amenities, the options for this property are truly limitless. The front portion of the lot is designated as commercial, allowing for a wide range of business ventures. Currently, a thriving tire shop operates on the premises, providing a steady stream of rental income. Adjacent to the tire shop is an abandoned restaurant space, brimming with potential for renovation and reimagining. A mobile home and an RV, both of which generate additional rental income. With the ability to subdivide the residential section into 8 or 9 lots, the potential for building single-family houses is vast. with a vision for high-density residential projects, there is the possibility of converting the zoning to accommodate such plans.
ML81954341
Land, Other
Stanislaus
2.44
Acres
Public
Commercial
School Information
Waterford Unified
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Zoning
- Residential mix
Financial Considerations
080032020000
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