1305 N Armenia Avenue

Description

Under contract-accepting backup offers. Discover an this incredible COMMERCIAL opportunity in the vibrant and rapidly growing neighborhood of North Hyde Park. This versatile commercial property offers unparalleled potential for business owners, investors, and developers seeking a prime location in the heart of one of the area’s most sought-after neighborhoods. The main office building offers 3 private offices, a reception area, kitchen & half bath, while the 320 sq ft detached building offers a blank canvas and huge possibility for value add to the next owner with multitenant possibilities. North Hyde Park is experiencing a wave of revitalization — new shops, eateries, apartments and mixed-use developments have been steadily transforming the area block by block. The neighborhood’s proximity to downtown, easy access to major roads and transit, and its evolving commercial/residential mix make this property especially well-suited for a retail shop, service-oriented business, office space, or a boutique redevelopment project. With the flexible layout & immense parking and storage this property can be suitable for a variety of commercial uses. The high visibility, while combining unique charm, in this historic neighborhood rarely becomes available with the high demand. Whether you aim to renovate and lease, redevelop for new construction, or launch a business with built-in neighborhood traffic, this property represents a rare convergence of favorable factors. Don’t miss this compelling opportunity — schedule a showing and see it for yourself.