1827 Middle River Drive

Description:

This prime commercial property features 17 fully rented units, including a mix of 2-bedroom, 2-bathroom and 1-bedroom, 1-bathroom units. Additionally, all 9 dock spaces are rented out. The property is poised for development, with the owner already beginning the process to build 14 townhouses. A contract for a new seawall is in place, and preliminary blueprints for the townhouses are ready. City permits are expected by September 2025. Located in a great school district, this property is a key target for potential buyers and renters.