402 & 404 W Columbus Drive compelling corner lot with alley access, three blocks from Armature Works. Two parcels totaling 15,240 SF, 120 feet of frontage on W Columbus Drive and 127 feet on N Massachusetts Avenue. Currently zoned CG with broad commercial use allowances. Future land use is CMU 35 up to 12 dwelling units (35 du/ac) or 30,480 SF of development at 2.0 FAR. Designated Opportunity Zone with potential additional density under the Live Local Act. Value is in the land, but two existing triplexes grossing $7,100/month let you carry the asset while you entitle it. Four luxury townhomes under construction at 401 W Amelia Ave, eight more at 405 W Amelia Ave, both adjacent to the site. Surveys, arborist report, and development concepts available upon inquiry. Drive by only do not walk the property or disturb tenants.
402 & 404 W Columbus Drive compelling corner lot with alley access, three blocks from Armature Works. Two parcels totaling 15,240 SF, 120 feet of frontage on W Columbus Drive and 127 feet on N Massachusetts Avenue. Currently zoned CG with broad commercial use allowances. Future land use is CMU 35 up to 12 dwelling units (35 du/ac) or 30,480 SF of development at 2.0 FAR. Designated Opportunity Zone with potential additional density under the Live Local Act. Value is in the land, but two existing triplexes grossing $7,100/month let you carry the asset while you entitle it. Four luxury townhomes under construction at 401 W Amelia Ave, eight more at 405 W Amelia Ave, both adjacent to the site. Surveys, arborist report, and development concepts available upon inquiry. Drive by only do not walk the property or disturb tenants.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Sewer: Public Sewer
Utilities: BB/HS Internet Available
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Country: US
Current Use: Residential
Legal Description: WEST HIGHLANDS LOT 1 LESS R/W FOR RD BLOCK 8 & WEST HIGHLANDS LOT 2 LESS R/W FOR RD BLOCK 8
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