Unique investment opportunity on a desirable Williamsburg commercial corridor on Grand Street between Havemeyer and Marcy Streets. This well-maintained, two-story building features a large ground-level retail/commercial space, currently operating as a prominent cocktail/music venue, and two 2-bedroom, 1-bathroom loft-like residential units on the top second floor.\n \nThe commercial space was recently fully renovated. The two residential units are in great condition and are unique, attractive rental units for the area, featuring large open living/dining rooms, open kitchens, skylights and spacious bedrooms. Inquire for proforma and lease terms. Showings can be scheduled weekdays, 10:00am-5:00pm.\n \nProperty Information:\nExcellent location on Grand Street commercial corridor, easily accessible to trains and vehicle traffic.\nMixed-use building.\nLot Size: 25 ft x 77 ft\nBuilding Size: 25 ft x 73 ft\nBuilding square footage: 3,650 SQFT\n1 Commercial/Retail space, 1,825 SQFT\n2 Residential, market-rate units: 1,825 SQFT (both 2-bed/1-bath)\nElectric all separately metered for the three units.\nNo gas lines.\nSplit systems for all units.\nZoning: R6B, C2-4\n2 Stories\n1 Commercial/Retail space, currently configured and used as cocktail/music venue (“Freds”).\n2 Residential, market-rate units\nCommercial and residential units all recently fully renovated.\nYear Built: 1950\nBrick/masonry construction\nBlock & Lot: 02396-0016\nProperty taxes: $17,405.48 / Annual\nResidential unit market rate rents: $4,500-4,950 \nOffered at: $3,200,000
Unique investment opportunity on a desirable Williamsburg commercial corridor on Grand Street between Havemeyer and Marcy Streets. This well-maintained, two-story building features a large ground-level retail/commercial space, currently operating as a prominent cocktail/music venue, and two 2-bedroom, 1-bathroom loft-like residential units on the top second floor.\n \nThe commercial space was recently fully renovated. The two residential units are in great condition and are unique, attractive rental units for the area, featuring large open living/dining rooms, open kitchens, skylights and spacious bedrooms. Inquire for proforma and lease terms. Showings can be scheduled weekdays, 10:00am-5:00pm.\n \nProperty Information:\nExcellent location on Grand Street commercial corridor, easily accessible to trains and vehicle traffic.\nMixed-use building.\nLot Size: 25 ft x 77 ft\nBuilding Size: 25 ft x 73 ft\nBuilding square footage: 3,650 SQFT\n1 Commercial/Retail space, 1,825 SQFT\n2 Residential, market-rate units: 1,825 SQFT (both 2-bed/1-bath)\nElectric all separately metered for the three units.\nNo gas lines.\nSplit systems for all units.\nZoning: R6B, C2-4\n2 Stories\n1 Commercial/Retail space, currently configured and used as cocktail/music venue (“Freds”).\n2 Residential, market-rate units\nCommercial and residential units all recently fully renovated.\nYear Built: 1950\nBrick/masonry construction\nBlock & Lot: 02396-0016\nProperty taxes: $17,405.48 / Annual\nResidential unit market rate rents: $4,500-4,950 \nOffered at: $3,200,000
Listing Courtesy of Compass