Property Information:
Incredible commercial property located in the heart of the New Minas business district, includes 3 PIDs including the main Saunders building - a two storey plus basement structure, plus the old home next door (distressed and currently not occupied), and the extra PID in the back used for additional parking. This property offers incredible potential as a combination commercial and residential operation. The main floor of the Saunders building could easily be one or multiple commercial/retail/office leased spaces, the second floor could be converted into residential units (probably 2 nice sized units, or three smaller ones). Basement could be converted into storage for tenants/lease-holders. The home next door (included in this purchase) could be extensively renovated for income units or torn down to make room for more parking. It may also be possible to expand the Saunders building upwards to dramatically increase revenue sources.
