Currently the site is zoned for Neighborhood Commercial, but the City of Merced is flexible with the end use. This opportunity provides a blank canvas for the next owner/developer. A few examples of what the property could become are a retail power center, or a mixed use property of retail and multifamily, or all multifamily. The current owner considered the idea of building a mixed use project comprised of a small retail center and a 220 unit multifamily community. Ultimately the property can be sold all together or subdivided into smaller parcels.
Cushman & Wakefield is pleased to offer for sale 3221 Frederick Avenue, a 2.616± acre parcel of improved land containing seven interconnected buildings, totaling 172,5000± square feet. The property is zoned I-1, industrial (Baltimore City) and as been in continuous light manufacturing and assembly use since its early days as a brewery in the late nineteenth century. The property is in an excellent candidate for adaptive re-use or redevelopment, close to the expanding St. Agnes Hospital and Health Campus, and less than one mile from I-95.
The existing buildings range from one to six floors, with the core loft-style buildings totaling over 150,000 square feet. The property is fully sprinklered, with ceiling heights ranging from 12-16 feet, with expansive window lines and 360° views of Baltimore. The former corporate office building (#4) offers a unique user or conversion opportunity as well with the benefit of ample parking and a secure, fenced lot.
In all 3221 Frederick Avenue represents a uniquely large and scalable investment/development opportunity.
Prime Multi-Family development land along the Ohio River
Located at the foot of the "Purple People Bridge" connecting Cincinnati and Newport on the Levee.
Please contact Don or Jordan for the full OM
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 777 Broadway (the "Property"), a 50-unit luxury midrise apartment community located in Oakland, California. Situated in downtown’s historic Old Oakland neighborhood and only three blocks from BART, the property provides the rare combination of modern design, a core location and instant transit access.
Completed in May 2018, 777 Broadway was constructed to condominium-quality standards and has a condominium map in-place. The Property is a five story luxury apartment community consisting of 17 one-bedroom and 33 twobedroom units, 3,571 square feet of ground floor retail, and a 52-space parking garage. 777 Broadway is located in a thriving Oakland submarket which provides residents easy access to the San Francisco Bay Area’s economic and lifestyle offerings that make it one the world’s premier places to work and play.
777 Broadway is offered in conjunction with the 33-unit Idora Apartments located in Oakland’s Temescal neighborhood. These two properties are available individually or as a portfolio, providing immediate scale.
Cushman & Wakefield is pleased to offer for sale the 100% fee simple interest in the buildings at 906 and 910 Grand Boulevard and the parking lot at 710 Walnut Street in downtown Kansas City, Missouri. 906 Grand, formerly known as the Rialto Building and the Ozark Building, was built in 1912 and is one of the last historic redevelopment opportunities available in the Central Business District.
The façade of 906 Grand features some of the finest stonework of any building in Kansas City and was extensively restored by the current ownership within the last decade at a cost of over $3 million. Many other modernization improvements have been made in recent years, including a second interior stairwell, new windows and life safety systems.
Downtown Kansas City is in the midst of an incredible renaissance, with a surging residential population and revitalized commercial and entertainment districts. The nearby Power & Light District and the new downtown streetcar line have spurred strong demand for new residential and hotel development in the area.
Known as the "West’s Most Western Town", Scottsdale is a combination of cowboy culture and haute couture. Home to Arizona’s finest shopping and dining, Scottsdale offers hiking trails, award winning resorts and acclaimed art galleries for its residents that enjoy a quality of life like no other. Capturing the national spotlight, Scottsdale showcases an eclectic mix of sport and cultural events that draw thousands of spectators annually. Scottsdale boasts first-rate resorts, world-class events, sophisticated arts, lively nightlife, diverse shopping and epicurean feasts and is known for its refined spas, upscale wine bars and shopping plazas with luxury boutiques.
With its affluent population and large employment base, Scottsdale maintains a competitive edge in attracting new retailers, company headquarters, technology and biomedical industry leaders. The city enjoys the largest concentration of Class A Office space in the region. It has a highly developed workforce, enviable business infrastructure and transportation links, including a world-class executive airport. All of these factors combined create a thriving location for business that is attractive to employees and employers. The diverse economy is based on medical research, high-tech innovation, tourism and corporate headquarters. Scottsdale is home to nearly 18,000 businesses, over 150,000 jobs and more than 20% are Arizona corporate headquarters.
The Abbey Lane is comprised of 100 one and two bedroom apartment units ranging in size from 839 sf to 1,398 sf. The property offers residents a serene setting amongst a mature wooded area and naturally meandering Coffee Creek. With amenities like a dog park, fitness center, pool, tennis court and playground, Abbey Lane is an idea place for a wide variety of residents.
Over the past 12 months, the property has undergone significant capital projects ($850,000+) including cosmetic interior upgrades to a select number of units, replacement of windows in 33 units, refreshed interior hallways as well as a minor clubhouse renovation and other deferred maintenance items (rebuilding of balconies, bridge reinforcement, etc.). The property is positioned well for the new ownership to purchase a stable, partially renovated property in an attractive location with ample opportunity to create upside.
Minutes from I-94 (to the north) and I-80 (to the south), Abbey Lane is ideally located in the heart of Indiana’s Northwest most affluent county (Porter). Access to Chicago is less than an hour’s drive or a 50-minute commute via the South Shore Line (train).
The Cushman & Wakefield Midwest Multifamily Advisory Group is pleased to present AM 1980, a brand new, mixed-use development with 132 apartment homes and 6,245 sf of ground-floor retail. Completed in 2018, AM 1980 is the premier, boutique luxury building in the rapidly-growing West Bucktown neighborhood. Located at the nexus of Milwaukee and Armitage Avenues, where 20,000 and 12,000 vehicles pass each day, the development is in a prime retail corridor. Adjacent to the CTA blue line, AM 1980 gives tenants unparalleled access to both downtown and O’Hare. The sub-market has incredible demographic trends and significant barriers to entry for new construction. AM 1980 is an outstanding opportunity to acquire a core investment in one of the premier locations in Chicago.