1450-1470 W 9th St

Offered for sale is a unique opportunity of fee simple ownership interest in the Home Place Business Park; five separate buildings of multi-tenant office, business/residential, and industrial property. The current owner is final stages of recording a Parcel Map and Tentative Tract Map (business condo units). Parcel 1 is made up of four buildings with 10 condo units. Parcel 2 will be delivered vacant with the current 4,062 sqft structure for immediate use or future development (not included in the Parcel 1 Association).
This is an incredible opportunity for the new owner to take possession and sell individual units on Parcel 1 and generate a quick return on their investment. Alternatively, the new owner can continue to manage and collect rental income with the existing tenant base. Parcel 2 offers a unique development opportunity on an approximately 25,000 sqft lot; mixed-use, residential, or business.