Property Details
Auction Event Details
This 2,752 ± square foot commercial building offers a versatile layout ideal for a range of business uses. Originally constructed in 1951, the building is of durable cinder block construction on a concrete slab foundation, with fresh exterior paint enhancing its curb appeal. Fully remodeled throughout, the interior features new laminate flooring, fresh sheetrock and paint, and updated electrical systems and lighting. The building is divided into three distinct spaces. The center unit includes plumbing with a kitchen-style sink and cabinetry. All three spaces are connected by a rear hallway that provides access to two shared half baths. Each unit has its own exterior entrance, making the building well-suited for multiple tenants; however, interior connecting doors allow for seamless operation as a single business if desired.
Ideal for Owner-Occupant with Rental Income Potential
This property presents an excellent opportunity for an owner to occupy one
unit while generating rental income from the other two. Each unit can operate
independently, or the building can be used in its entirety. The property is
serviced by a single electric meter, one gas service, and one city water curb
stop. Whether used as office space, a retail storefront, or for service-based
businesses, the configuration supports a wide variety of commercial
applications.
Upgraded Building Systems and Central Zoning
Situated on a 100' x 118' lot just one block off Central Avenue, the
building features a recently installed sloped metal roof and a natural gas
boiler system, new in 2021. Located within the City of Malta’s Central Business
District, the property benefits from flexible zoning regulations that
accommodate a broad range of commercial business options. Property taxes for the
2024 tax year were $1,168.30.
Property Features
- Recently Remodeled
- 3 Commercial Units
- New Metal Roof
- Boiler Heat, New in 2021
- Interior Connecting Doors
- Laminate Flooring Throughout
- Electrical Updates
- Commercial Zoning
- Commercial Property
- Investment & Income
- Call Carly (406) 390-6746