400 N Main Street
This well-maintained 12-unit mixed-use property presents a compelling opportunity for investors seeking immediate cash flow with additional upside potential. The asset is comprised of three residential units (two spacious two-bedroom apartments and one efficiently designed studio), alongside nine commercial spaces fronts that provide diversified income streams. Over the past several years, the building has undergone significant renovations, resulting in a turnkey investment requiring no immediate capital improvements. All units are in strong condition, allowing a new owner to step in and begin generating revenue from day one. In addition to its current income, the property features a partially finished lower level, offering clear value-add potential. Investors may explore opportunities to further develop this space into additional residential or commercial units, subject to local zoning and approvals, thereby increasing overall returns. With a balanced unit mix, recent upgrades, and future expansion potential, this property is ideally positioned for both stable cash flow and long-term appreciation.
- Pizza Hut 500 ft
- Dairy Queen 750 ft
- Subway 0.4 mi
- Monical's Pizza 0.4 mi
- Jimmy John's 0.5 mi
- Spoons and Forks 0.7 mi
- Austin Parker Naturals 0.6 mi
- Sullivan's 1.1 mi
- Walmart Supercenter 1.2 mi
- Shell 1.3 mi
- City Hall Park 0.3 mi
- Darius Miller Park 0.4 mi
- Darius Miller Park 0.4 mi
- West Side Ball Park 0.6 mi
- Soldiers and Sailors Park 0.8 mi
- Alexander Park 0.9 mi
- The Coffee Cup 0.5 mi
- Kramer's Kitchen 0.5 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12470751