Exceptional Investment Opportunity in the Heart of Downtown Nazareth! This three-story brick building presents a rare chance to acquire a mixed-use property with substantial value-add potential. The first floor features a commercial space formerly operated as a Chinese restaurant, offering excellent frontage and visibility for future retail, dining, or professional use. The upper levels consist of two expansive 3-bedroom residential units, each known for their generous layouts and classic architectural character. Following a recent fire, the entire structure has been professionally stripped to the studs, providing a ready foundation for redevelopment, modernization, or full redesign. Situated in a prime downtown location with strong rental demand and consistent foot traffic, this property is ideally positioned for investors seeking to reposition a prominent building, capitalize on mixed-use revenue streams, or create long-term cash-flow stability. The zoning allows 1st fl commercial and 3 apartments units without zoning hearing.
Listing courtesy of Freeby Lai Real Estate. Contact:
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