$350,000 - 305 Union Ave, Belleville Twp.

Investor Special Dual Approved Project with Major Upside in Belleville. *This is a construction project*. House has been knocked down to the foundation. The buyer will be purchasing as is and will continue the construction. Buyer has 2 options. #1 Build a mixed-use building. This property has board approval for a new mixed-use building with: Two large one-bedroom apartments approximately 1240 and 1066 square feet. One two-bedroom apartment approximately 1115 square feet and two retail storefronts approximately 478 and 402 square feet, which can be combined. Indoor garage with space for 5 cars including EV charging. Shared office and lounge space approximately 813 square feet. The lot wraps around the corner with access from both Union Ave (stores) and Joralemon St (parking) and sits in a mixed-use zone close to shopping, transit, and development. Option #2 " build a new single family with 3 bedrooms and 3 bathrooms, construction plans available. Whether you move forward with the single-family renovation or build the approved mixed-use concept, this property offers multiple profitable exit strategies.