Prime investment opportunity for redevelopment or immediate rental income. This property consists of five adjacent lots (Lots 14–18) with approximately 325 feet of frontage, including a corner at Lavender Street. Strategically located just ½ mile from Freeway 59, the site benefits from a newly expanded four-lane thoroughfare, increasing visibility and traffic flow. Two existing buildings—4609 (5, 194 SF) and 4625 (3, 360 SF)—are functional. 4609 needs $40K–$50K in renovations (last rented in 2023 for $2, 300/month and currently seeking tenant), while 4625 is leased as a convenience store for $2, 000/month. Owner is over 70 and ready to sell. Ideal for developers considering a shopping center, self-storage, apartment complex, or motel. Property is being sold AS-IS, WHERE IS—no repairs will be made by seller. Strong future potential with income now and long-term upside.
parkerspeer@speercompanies.com
