$299,000

About this property

Prime commercial land located in a designated Opportunity Zone, offering significant tax incentives for investors! This lot is zoned BU-1 (Neighborhood Business District), allowing a variety of uses including retail stores, service establishments, offices, restaurants, cafes, and car washes. The zoning permits a maximum building height of 2 stories or 35 feet, with a Floor Area Ratio (FAR) of 0.40 for 1 story, increasing by 0.11 for each additional story. Setbacks include 20 feet front, 20 feet rear from residential boundaries or 5 feet from BU/IU boundaries, 0 feet interior side adjacent to BU/IU districts, and 15 feet side street or 25 feet if adjacent to a residential district. Perfect for developing a mixed-use project that meets the essential needs of the local community.