$795,000

**Prime Downtown Redevelopment Opportunity | Transit-Oriented Mixed-Use** Strictly no entry or inquiries without a scheduled appointment. Located steps from the train station, this property presents an exceptional opportunity for developers to capitalize on the soaring demand for transit-oriented, high-density residential development in a dynamic downtown location. Currently operating as a cosmetology school, the building is situated within both the Business District and the Downtown Core Overlay District. Existing structure features include a freight-style elevator, a fire exit stair tower, a newly replaced oil tank, and a fully updated roof that was completed between 2022 and October 2025. The property’s versatile zoning permits a baseline maximum building height of 65 feet, with eligibility for a height bonus as outlined in [Zoning Code Table 34-3 (Sec. 405-3406)](https://ecode360.com/45614670#45614670). Approved conditional uses include vocational schools, public or private colleges and universities, civic, philanthropic, or charitable institutions, and religious organizations. To help optimize the site's footprint, parking solutions can be explored through [Zoning Code Sec. 405-3405](https://ecode360.com/13762314#45614660). The site is ideally suited for a multi-story mixed-use concept. A prime developmental vision includes a ground-floor restaurant, a second-floor speakeasy or intimate performance venue, and multi-family residential apartments on the upper floors to cater to commuters.