$798,000

Rare development opportunity in the heart of Ashland. Situated on approximately .40 acres, 1452 165th Avenue presents an exceptional opportunity to acquire a substantial, highly usable site with a large 6,072 sq ft existing commercial building and significant future development potential. Zoned R3-BE the property offers the potential for multifamily residential development, creating an attractive opportunity for investors, developers, or owner-users looking to capitalize on the continued growth of the Ashland community. The expansive lot and existing improvements provide flexibility for a variety of strategies, including redevelopment, adaptive reuse, or incorporating the existing structure into a future project, subject to applicable zoning, planning, and building requirements. The property is conveniently located near major transportation corridors and freeway access, with continued investment and infrastructure improvements throughout the surrounding area. Rare development opportunity in the heart of Ashland. Situated on approximately .40 acres, 1452 165th Avenue presents an exceptional opportunity to acquire a substantial, highly usable site with a large 6,072 sq ft existing commercial building and significant future development potential. Zoned R3-BE the property offers the potential for multifamily residential development, creating an attractive opportunity for investors, developers, or owner-users looking to capitalize on the continued growth of the Ashland community. The expansive lot and existing improvements provide flexibility for a variety of strategies, including redevelopment, adaptive reuse, or incorporating the existing structure into a future project, subject to applicable zoning, planning, and building requirements. The property is conveniently located near major transportation corridors and freeway access, with continued investment and infrastructure improvements throughout the surrounding area.