Within the OPPORTUNITY ZONE | 222 N. Mountain Avenue presents a compelling opportunity to acquire a stabilized office asset with meaningful near- and long-term upside through its excess land component and flexible mixed-use zoning. The ±3.16-acre site consists of three contiguous parcels and is improved with a ±43,290-square-foot multi-tenant office building, complemented by approximately ±45,509 square feet of surplus land across two additional parcels. Zoned Commercial/Office Mixed-Use (C/O-MU), the property allows for a broad range of office, medical, and retail uses, supporting a cohesive campus-style environment. The excess land is well-suited for immediate expansion, ground-up development, or strategic repositioning to enhance overall asset value. Located within a designated Opportunity Zone, the property offers potential tax advantages while delivering stable in-place cash flow. This combination positions the asset as an attractive acquisition for investors, developers, and owner-users seeking both current income and future development optionality.
Listing courtesy of Listing Agent: Sangaroon Yangchana (lynny@mgrrealestate.com) from Listing Office: MGR REAL ESTATE, INC..
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