Old Town Anchor Property. Uses: (1) The Obvious: Apartments on the second floor, main floor halfoffice or retail, and the other side is a restaurant that opens to thepatio on the corner lot. (2) Institutional Buyer: Portfolio flex! Eight thousand square feettwo blocks from Old Town Square with on-site parking and cornervisibility. Scarcity - Old Town almost never offers an assemblagewith a buildable lot. (3) Developer: Hold the built structure and leverage the corner lot forsomething larger. For an owner-operator, it's immediate presenceon a corner lot in Old Town with room to grow.
Listing courtesy of Rhett Strom.
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