This large corner brick three-unit mixed-use building sits prominently at the lighted intersection of Ashland Avenue and 21st Street, offering a prime retail space that has remained consistently leased thanks to its unbeatable visibility and high-traffic location. The property includes a full basement and exterior signage with excellent exposure at the stoplight, presenting the potential for additional advertising income. Longtime ownership and first-time availability since the early 1960s make this a rare opportunity to acquire a well-positioned asset in an established neighborhood. The two residential apartments above the retail storefront offer spacious layouts filled with natural light and feature large floor plans, providing immediate rental income with the option to further maximize returns through updates and modern finishes. Residents can enjoy a generous outdoor deck ideal for entertaining, along with the convenience of a two-car garage in the rear for extra income potential. With strong fundamentals, untapped upside, and a proven rental history, this property is an excellent investment for both owner-occupiers and value-add investors alike.

Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness



Based on information submitted to the MLS GRID as of 2025-11-07 07:02 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-11-07 07:02 AM UTC
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