This building is located on the south side of Central Ave just west of 19th St. Built in 1948, this block building has a total of 8,370 SF of NRA. It is currently used as warehouse storage but the CCT-2 zoning allows for a variety of uses. There are storefronts on this 90' wide x 93' deep building. This building boasts high ceilings and some historic hex block flooring in a portion of the building.
This property is located in the heart of everything happening in the city at the crossroads of The Grand Central District, Edge District and the Warehouse Arts district. The exciting Trails Crossing project taking place under I-275 is only a block away and the I-Mix 22 concept is two blocks away. There are nearly 2,000 new units built, under construction or planned two blocks away on the other side of I-275 overpass.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
