This unique mixed-use property is comprised of 8 units, with 7 residential multifamily apartments and one retail/commercial unit occupied by a successful Mexican restaurant. The restaurant has a long-term lease in place with options to extend. Tastefully renovated, the property is situated on arguably the best corner in downtown Greenfield. The landlord owns the restaurant equipment, which is included in the sale. The property features a full coin-operated laundry room for tenants, plenty of parking, additional storage space, and signage in front. It is a corner location with exceptional visibility from the lighted intersection. After a complete overhaul in 2011, the units have been well-maintained. The recent improvements include a new heating system, paint, electrical, and plumbing upgrades, as well as new plumbing fixtures. Additionally, there is a fourplex next door at 771 Forest Rd (MLS#4994335) that could be purchased together with this property, making it an excellent opportunity for a 1031 exchange. Owner is a licensed realtor.

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 19, 2024 12:24 AM EDT

 

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