152 N 56th Street (unit Ofc)

1.79-acre, 62,000 sq ft R5-zoned investment opportunity in a thriving multi-family market! Formerly Copper Heights Assisted Living, this vacant 2-story property with basement is ideal for multi-family housing, a hotel, or other creative uses (subject to local zoning). 78 units: 30 one-bedroom and 48 studios, each with private bathrooms (tub/shower combo), kitchenette plumbing, and P-tech AC units. The main floor features an office & two spacious recreational/dining areas, perfect for community living. The basement includes a commercial-grade kitchen with a walk-in cooler and freezer. Energy-efficient with a newly repaired roof and solar panels, reducing utility costs. Appraised at $10.74M in ''as is'' condition. Seller offers financing with a $3.5M downpayment for qualified buyers.