Description
Excellent opportunity to develop a vacant lot across from the BEACH. Potential uses include a 9-room INN with grocery underneath (attached view & site plan) OR 2 residences to provide cash flow from vacationers (attached survey). Tons of foot traffic and sidewalks to the property that any retail business will appreciate. Currently zoned Island Commercial. Folly City Council is considering a zoning change to 2-family residential. Ask for an estimate of cash flow potential for EITHER use. Check land comps in the area.
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0BEDS
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0.24ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Excellent opportunity to develop a vacant lot across from the BEACH. Potential uses include a 9-room INN with grocery underneath (attached view & site plan) OR 2 residences to provide cash flow from vacationers (attached survey). Tons of foot traffic and sidewalks to the property that any retail business will appreciate. Currently zoned Island Commercial. Folly City Council is considering a zoning change to 2-family residential. Ask for an estimate of cash flow potential for EITHER use. Check land comps in the area.