Description
Marketing Description
The property located at 3642 Columbia St is currently a 1 story warehouse on a 33,572 sf lot. It is part of the Downtown Core Redevelopment Plan. The plan allows for a building of 30 stories with 24 stories of residential space. The plan allows for a mixed use building with commercial space and over 400 apartments. This is also 100% located in an Opportunity Zone, which allows for a massive tax break
Investment Highlights
- Lot size: 33,572 sf
- Lot dimensions: 199′ x 200′ Irregular (Approximate)
- Zoning: Downtown Core Redevelopment Plan
- Number of permitted residential units: 402 maximum units
- Maximum allowed height: 30 stories 6 story base with commercial and parking, 24 stories of residential use
