2075 Baldwin Avenue is a 100% occupied mixed-use investment property offered at $2, 207, 767, an 8.20% cap rate. It has 12, 179 SF of building area on ±1.21 acres (52, 708 SF) zoned C-2 (Intensive Commercial). The site is next to the new Hewitt Park, off Myers Street and Baldwin Avenue, and sits in a federal Qualified Opportunity Zone (Census Tract 28). The property combines three income streams on one parcel: Parkview Daycare: 4, 130 SF, built new in 2019, leased through March 2029. A work training center: 4, 935 SF of office space remodeled in 2019. Five one-bedroom apartments: built new in 2019. Together they produce $209, 939 in gross annual income and $181, 037 in net operating income. Diversified tenants, newer improvements and Opportunity Zone tax potential make it a strong fit for investors and 1031 exchange buyers.
Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty Object
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The property combines three income streams on one parcel:
Parkview Daycare: 4,130 SF, built new in 2019, leased through March 2029.
A work training center: 4,935 SF of office space remodeled in 2019.
Five one-bedroom apartments: built new in 2019.
Together they produce $209,939 in gross annual income and $181,037 in net operating income.
Diversified tenants, newer improvements and Opportunity Zone tax potential make it a strong fit for investors and 1031 exchange buyers.
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MLS On The Fly Debug Panel
Array
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The property combines three income streams on one parcel:
Parkview Daycare: 4,130 SF, built new in 2019, leased through March 2029.
A work training center: 4,935 SF of office space remodeled in 2019.
Five one-bedroom apartments: built new in 2019.
Together they produce $209,939 in gross annual income and $181,037 in net operating income.
Diversified tenants, newer improvements and Opportunity Zone tax potential make it a strong fit for investors and 1031 exchange buyers.
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MLS On The Fly Debug Panel
[Warning] Undefined array key "file" in /mnt/customers/customers-bh-1pq6z0/e79c15af-daf5-4b07-94b5-b8edbc56c945/wp-content/wp-content/plugins/houzez-theme-functionality/extensions/meta-box/inc/fields/image.php on line 147
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