752 Sumner Ave
$999,000
7,264
Sqft
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$999,000
7,264
Living Area
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Property Description
Mixed-use investment opportunity with immediate income and approved residential upside. Fully leased first floor generates approx. $110,400/year from 5 established commercial tenants. City approval in hand for 7 second-floor residential units. Gross income can exceed $250,000 when completed. Approval package, architectural plans, and parking agreements convey with sale. New roof, electrical upgrades, mini-splits, separate utilities/meters, and 10 secured parking spaces. Ideal for investors, developers, and 1031 exchange buyers. Offered at $999,000.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1920
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Additional Details
- Zoning: B1
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2025
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