Mixed use income producing property with great exposure, and potential to expand. 587 Bay Street consists of a commercial storefront with an additional commercial space in back, and a second floor residential space with features 3 bedrooms, 1 bath, EIK, living room, dining room combo. Enormous potential for… Read More a business owner, investor, or developer. C4-2 Zoning which allows for many business, and residential units for additional income. This is located steps away from the train station and with new zoning and City Of Yes, the potential can be endless! Consult with your architect. Read Less
Courtesy of Neuhaus Realty, Inc..
Listing Snapshot
Days Online
21
Last Updated
Property Type
Single Family
Square Ft.
2,590
Lot Size
0.05 Acres
Year Built
1910
MLS Number
2501554
30 Days Snapshot Of 10304
$646k
-4%
(avg) sold price
10
-28%
homes sold
132
-24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1910, Building area total: 2,590, Leasable area: 2590, 1 building, 2 total stories, Construction materials: "Block"
Expenses
Operating expense: $27,000
Heating
"Hot Water", "Natural Gas"
Income
Gross income: $99,000, Net operating income: $72,000
Lot
0.05 acres, 2,129 square feet, Area: 2,129
Parking
"Street"
Property
Zoning: C4-2
Sewer
"City"
Taxes
Tax annual amount: $14,000
Utilities
Electric: "220 Volts"
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