2629 Booser Ave

Highlights:

• Days on Market: 8
• Heating: Forced Air

Description:

Calling all INVESTORS!!!! Unlock Hidden ROI in this Active Renovation Project!
Attention Investors and Developers—Bring your vision to life with this versatile 2,614 sqft commercial mixed-use property, currently operating as a high-potential value-add project. Located in a prime area, this property combines immediate rental income with the ability to renovate and reposition to maximize Net Operating Income (NOI).

Total Square Footage: 2,614 sqft of flexible space. Currently under renovation, featuring 4 distinct suites. This blank canvas allows you to bring your vision to life, or creative commercial tenants. The rear suite boasts direct access to the garage, offering flexible layout options for logistics, workshops, or value-add tenant amenities. 3-bedroom, 1-bath residential apartment upstairs currently rented at $1,025/month. Upstairs apartment tenants have been in place for 7 years—offering stability while you renovate the first floor. The apartment has not been renovated in 7 years, offering significant upside to increase rents upon cosmetic upgrades. Separate garage is currently rented for $175/month. This property is in active foreclosure, making it a motivated-seller, high-equity play for an experienced investor. This is a "diamond in the rough" opportunity to finish the ground floor renovation, modernize the residential unit, and dramatically increase the CAP rate.

Bring your Contractors and Vision

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Listing ID: 804598677094