



TURN POTENTIAL INTO PROFIT!Unlock the potential for this 5-unit investment opportunity.This mixed-use commercial property is packed with opportunity for investors, entrepreneurs, or developers looking to create long-term value. The first floor features two storefronts, including one beautifully remodeled, turnkey space operating as a successful dog-grooming business complete with vinyl flooring and central A/C. The second commercial first-floor space is ready for your vision to come alive with its high ceilings and blank canvas to be finished.The remainder of the building is being taken down to the studs, offering a blank canvas to complete the renovation that has been started. Upstairs, there is the potential for three apartments, showcasing exposed brick walls, skylights, and endless character.With rear parking, strong income-producing potential, and significant upside once completed, this property presents an outstanding opportunity to build equity and maximize your investment. Bring your ideas and transforms these spaces into a thriving destination! Located in Olyphant's main hub, you will also enjoy plenty of foot traffic, shopping, and Olyphant's Third Thursdays, which is a delightful downtown block party featuring all our amazing businesses which run from May through November.Check out current comps, rents, and real estate values and you will see the enormous potential for this property to add value once completed.Building only for sale. Dog-grooming business not included in sale.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $7438 | NZD $13,374* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to LUXE Homes Real Estate LLC
Property ID: 110109230340
Original Property ID: 3yd-GSBRPA-SC263190