246 N Sutter Street

Description

Unlock the potential of this prime foreclosure property nestled in a bustling downtown hub! Spanning approximately 3400 sq ft, this corner gem boasts an expansive layout, including basement and garage space, offering limitless possibilities for savvy investors. With its tall double-high ceilings and a hint of upstairs space, this property promises a versatile canvas for your entrepreneurial dreams. The Downtown Commercial zoning designation presents an open slate for various ventures, whether you envision a bustling convenience store akin to 7-11 or Circle K, a trendy restaurant, or even a sleek office space options. This corner parcel comes with its own APN, ensuring autonomy and strategic positioning within the building complex. Noteworthy features such as fire sprinklers, and newer utilities already at the property offer a head start for potential renovations or customizations. Moreover, seize the opportunity to capitalize on the neighboring 34 newer apartments, completed just a few years ago on floors 2-9. The recent upgrades undertaken for the apartment conversion underscore the property's potential for growth and value appreciation. Don't miss out on this rare chance to own a slice of downtown real estate at an unbeatable price.