List Price: $395K

Listing Status: Active

Days on Market: 0

0 Bedrooms · 0 Bathrooms

Property Type: CommercialSale

Year Built: 1948

Lot Size: 6,720 sq ft

MLS Number: IG26175700

About This Property

UNIQUE CORNER DEVELOPMENT OPPORTUNITY WITH TWO ADJACENT PARCELS AND THREE POTENTIAL POINTS OF ACCESS! Offered together at $515,000, $395,000 for 6914 Center Street and $120,000 for 27335 Pacific Street. This Highland property includes TWO SEPARATE APNs totaling approximately 10,220 sq. ft. based on available tax/title information. The primary parcel at 6914 Center Street (APN 1200-351-19-0000) contains approximately 6,720 sq. ft. and is improved with an approximately 638 sq. ft., 1-bedroom, 1-bath residence built in 1948. The adjoining vacant parcel (APN 1200-351-18-0000), associated with 27335 Pacific Street, contains approximately 3,500 sq. ft. Both parcels are being sold together as one offering. What makes this property especially intriguing is its configuration. The parcels share a common boundary and collectively offer frontage/access opportunities from Center Street and Pacific Street, plus potential access from the alley/easement adjoining the property, creating a highly versatile site for future planning. The Center Street parcel and Pacific Street parcel are reported to have different zoning/use designations, presenting a potentially significant opportunity for a buyer to explore whether the combined site may qualify for expanded commercial or other development uses. The existing residence provides immediate utility while the adjoining vacant parcel adds flexibility for an investor, developer, business owner, or owner-user looking toward the area’s future. Potential concepts may include commercial development, redevelopment, renovation, expansion, additional dwelling units, mixed-use or other permitted uses, subject to zoning and governmental approval. Buyer and buyer’s agent to independently investigate and verify all information, including zoning and land-use designations, ability to combine or develop the parcels, commercial-use potential, legal and physical access, alley/easement rights, permitted uses, setbacks, lot sizes and boundaries, square footage, utilities, parking requirements, development standards, permits and all governmental approvals with the City of Highland and other appropriate agencies. Seller and listing broker make no representation or guarantee regarding future development or permitted use. Sale includes both APNs; seller intends to sell the parcels together.