![[St. George Real Estate, listing number 3300193]](https://www.vlshomes.com/images/full/3300193a.jpg)
| Description: 3300193 | |
| A Prime Mixed-Use Investment Opportunity in business areas Victory Blvd Excellent location! This one-story, one-family, mixed-use building is situated in the highly desirable Brighton Heights neighborhood, just minutes from the subway station and a busy, high-traffic street. This property is available as a package deal plus next empty lot (80 Victory Blvd), offering a mixed-use building plus an additional empty lot, providing incredible development potential. Building Size: 22â?? x 75â??, Zoning: R5 (Potential for expansion or new development) First Floor: Fully operational restaurant tenant, lease active until February 2026. Tenant pays their own water and utilities. Second Floor: Spacious six bedrooms with one and half bathroom apartments , the restaurant Current Rent: $3,000/monthly(lease ends 2/2026), Tenant pays own utilities, second floor current rent:$2050/monthly ( lease ends 8/2025), Expenses: Insurance: ~5,000 annually, water bill 120/ monthly (only for apartment) Tenants pay all utilities separately ,Separate heating & hot water), The adjacent empty lot (24â?? x 75â??) is included in this package deal. Zoned R5, allowing the potential to build up to three additional floors for another mixed-use building. Prime location near subway & major bridge, Busy commercial area with strong foot traffic, Income-generating property with future development potential, Turnkey restaurant tenant & stable residential rental income, this is a rare investment opportunity with excellent cash flow and long-term upside. Contact me today for more details or to schedule a private showing! | |
Details: |
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| Property Type: | Mixed Use | |
| Built: | 1931 | |
Financials: |
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| Price: | $1,350,000 | |
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