Unique opportunity to acquire a free-standing commercial property on the corner of NW 17th Avenue, a main corridor just blocks from the Class A River Landing development, the Health District, and numerous nearby projects. The 5,045 SF lot carries flexible T6-8-O zoning and features two structures.
The main building (3,696 SF) currently operates as an owner-operated grocery store on the ground floor, with storage/office space on the second and third levels. The secondary structure (741 SF) is leased to a tire shop, providing in-place income.
The property can be delivered vacant at closing, making it an ideal fit for an owner-user or a repositioning play. Alternatively, business equipment and licenses associated with the existing grocery operation may be negotiated as part of the purchase — including a scale license, tobacco sales, and beer & wine — offering a turn-key path for a buyer who wishes to continue or refresh the store.
With several new multifamily projects underway nearby, the hard-corner location is well suited for an incoming grocery operator, QSR, restaurant, retail, bank, or other uses in a rapidly redeveloping neighborhood.