Description
53,000 SF Development Opportunity in Old Goucher!Project Overview:Location: Old Goucher neighborhood, a vibrant and historic area with excellent public transportation and bicycle access.Project Size: 53,000 SF mixed-use property.Zoning & Permitting: Approved for a 5-story development, with plans for 32 residential apartments and 8,000 SF of ground-floor retail.Construction Status: Plans approved, with permits . The project is shovel-ready, ready for demolition and construction.Property Highlights:Potential Income: Ideal for a blend of residential and commercial tenants, with strong demand due to the central location.Lot Area: Maximum lot area of 10,000 SF.Ceiling Heights: Up to 9 ceilings for residential units.Area Benefits:Connectivity: Situated on main bus routes and bicycle paths, offering convenient access for residents and customers.Historic Charm: Old Goucher is a neighborhood known for its historic charm, vibrant community, and growing redevelopment interest.This project represents a prime opportunity for developers to step in and capitalize on the momentum of this exciting mixed-use development, with all approvals completed and ready to move into the build phase.
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Description
53,000 SF Development Opportunity in Old Goucher!Project Overview:Location: Old Goucher neighborhood, a vibrant and historic area with excellent public transportation and bicycle access.Project Size: 53,000 SF mixed-use property.Zoning & Permitting: Approved for a 5-story development, with plans for 32 residential apartments and 8,000 SF of ground-floor retail.Construction Status: Plans approved, with permits . The project is shovel-ready, ready for demolition and construction.Property Highlights:Potential Income: Ideal for a blend of residential and commercial tenants, with strong demand due to the central location.Lot Area: Maximum lot area of 10,000 SF.Ceiling Heights: Up to 9 ceilings for residential units.Area Benefits:Connectivity: Situated on main bus routes and bicycle paths, offering convenient access for residents and customers.Historic Charm: Old Goucher is a neighborhood known for its historic charm, vibrant community, and growing redevelopment interest.This project represents a prime opportunity for developers to step in and capitalize on the momentum of this exciting mixed-use development, with all approvals completed and ready to move into the build phase.
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