541 Wallace Street, Hope

$998,000 |   MLS® Number  C8043953

Retail for sale in Hope, Hope & Area, 541 Wallace Street, 224949022 | Realtylink.org

Retail for sale

Year Built
1955
Floor Area
3,589 sqft
Lot Size
6,100 sqft
Gross Property Tax
$6,492.28 /year
Building Type
Commercial Mix, Street-Level Storefront
Zoning
CBD
Subject Property Width
50 ft
Subject Property Depth
122 ft
54

2 STORE FRONTS FRONTING WALLACE STREET AND LARGE BACK BAY FRONTING COMMISSION STREET ON 50 x 122 DOWNTOWN COMMERCIAL ZONED LOT (CBD). ALL SPACES ARE OCCUPIED WITH 2 COMMERCIAL TENANTS. LAUNDROMAT UTILIZES ONE STOREFRONT AND BACK BAY WHILE RESTAURANT LOUNGE OCCUPIES THE SECOND STOREFRONT. RETAIL AREAS INCLUDING BACK BAY MEASURES APPROX 3669 AND ZONING ALLOWS FOR 100% LOT COVERAGE, WITH COMMERCIAL USE ON GROUND LEVEL AND APARTMENTS OR OFFICES ON UPPER LEVEL(S) .WALLACE STREET IS CONSIDERED A HIGH TRAFFIC (FOOT AND VEHICLE) COMMERCIAL AREA. UNIQUE COMMERCIAL PROPERTY WITH ADDITINAL RESIDENTIAL POTENTIAL. GST NOT INCLUDED IN PRICE.