Description
INVESTMENT OPPORTUNITY! The time is NOW to take advantage of this ideally located .87 acre parcel zoned Commercial Resort in up & coming Middletown. Primed for growth, invest now in this area and realize the full potential as this downtown lot includes a 3bd/2ba stick-built home, and plenty of space for further development. The Commercial Resort zoning allows for a myriad of opportunities including a hotel/motel plus gift & retail shops, a restaurant, or even potential for a recreational vehicle park with caretaker housing. Offering immediate income potential, the existing home was built in 2016 and features a modern & comfortable vibe with Quartz counters, sleek white cabinetry, vinyl plank flooring & multiple decks for indoor/outdoor living. All appliances are included, making it a turn-key rental or full-time living space. The home is connected to city water & sewer and also includes its own private well on the property that currently services the house & irrigation needs. 120 volt power connection in back yard already in place for RV hookup. And there is an additional electrical pole that has been set up to bring in a secondary power meter, if desired. Large connex/shipping container included for storage and multiple fruit trees on the property. With multiple commercial improvements happening in downtown Middletown and the potential construction of nearby resorts, take advantage of this chance to own a prime location of your own!
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3BEDS
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0.86ACRES
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2BATHS
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01/2 BATHS
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1,125SQFT
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$373$/SQFT
Description
INVESTMENT OPPORTUNITY! The time is NOW to take advantage of this ideally located .87 acre parcel zoned Commercial Resort in up & coming Middletown. Primed for growth, invest now in this area and realize the full potential as this downtown lot includes a 3bd/2ba stick-built home, and plenty of space for further development. The Commercial Resort zoning allows for a myriad of opportunities including a hotel/motel plus gift & retail shops, a restaurant, or even potential for a recreational vehicle park with caretaker housing. Offering immediate income potential, the existing home was built in 2016 and features a modern & comfortable vibe with Quartz counters, sleek white cabinetry, vinyl plank flooring & multiple decks for indoor/outdoor living. All appliances are included, making it a turn-key rental or full-time living space. The home is connected to city water & sewer and also includes its own private well on the property that currently services the house & irrigation needs. 120 volt power connection in back yard already in place for RV hookup. And there is an additional electrical pole that has been set up to bring in a secondary power meter, if desired. Large connex/shipping container included for storage and multiple fruit trees on the property. With multiple commercial improvements happening in downtown Middletown and the potential construction of nearby resorts, take advantage of this chance to own a prime location of your own!
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-04T00:27:58.6. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Feast | Realty One Group Empire. Licensed in the State of California, USA.