Multi-family for sale
360 Wallace Street, Hope
$1,695,000
Features
Year Built
1958
Floor Area
5,280 sqft
Lot Size
6,758 sqft
Gross Property Tax
$11,631.11 /year
Building Type
Freestanding, Mixed Use
Zoning
CDB
Suite Mix Information
1 x Bachelor/Studio, 3 x 1 ½, 1 x 2 ½
Total no. of Units
10
Financial Summary
$139,800
Description
Prime Investment Opportunity in the Heart of Downtown Hope! Located on the busiest block in town and directly across from Memorial Park, this mixed-use commercial building offers unbeatable exposure, high foot traffic, and ample street parking. The building is primed for restoration & redevelopment—with pricing that reflects its potential. This versatile property accommodates retail, office, and residential uses, with the possibility of up to 12 separate income streams from a mix of 1- and 2-bedroom suites, storefronts, office space, and storage units. Whether you're looking to renovate and hold, or reposition for maximum return, this is your chance to secure a valuable asset in the best location in town. Zoned for flexible use: Retail, Office & Residential Incredible exposure and visibility Walking distance to all downtown amenities Consistent rental income potential Across from Memorial Park and on Hope’s main business corridor Don’t miss out on this rare opportunity—call today
MLS® Number C8072205