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$450,000
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On the market:
33 days
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View full details, photos, school info, and price history
Priced to sell! This basement lot in Downtown Belmont offers 14,000sqft+/- of office/retail/residential potential! With local retail leasing for $32-$50/sqft this is a great investment opportunity. At $26/sqft it generates an NOI of $300,000. Sketch plan review is nearly complete with city of Belmont. Rough sketch of building plan is available. Estimated cost to build is $2.5m-$3m.
Listing courtesy of Troy Knight, LKI Realty LLC
