Property Description for 224 Bay Street
Introducing an enticing investment prospect - an available mixed-use property for sale, also offered as part of an appealing package with 222 Bay Street for $1,450,000. The combined 6,160 sqft property is positioned on a 50x100 lot and includes a six-car parking lot. It boasts two 1,000 sqft retail spaces and four generously sized two-bedroom apartments. With a potential 8% cap rate, this property is an excellent opportunity for investors in search of a varied income stream in a prime location. Seize the chance to own this mixed-use jewel. Please note, the property is sold as-is and is cash-only. It does not currently have a Certificate of Occupancy. Strategically located near Tompkinsville Train Station, S.I. Ferry, Urby, St. George Theatre, Richmond County Ballpark, and downtown St. George. Call us today! Subject to E&O.