Zoned UGC, Up to 6 Units/Homes in Downtown St. Elmo
|Catylist Listing ID:
Hospitality, Multi-Family, Residential (Single Family)
|Gross Land Area:
||$945,945 Per Acre
||Cash to Seller
Overview / Comments
.37 acres walking distance to downtown St. Elmo and all the future development set to occur in that area. ZONED UGC, entitled for up to 6 units (homes, townhomes, units). Current duplex will require extensive renovation, but land adjacent perfect for a quad. Or start all over and build 6 new townhomes/homes. Plans for ''mountain modern'' townhomes available. Clean Phase I environmental report on file. Future residents will love the views of Lookout Mountain and the iconic Incline Railway car.
In the Urban Overlay, therefore can apply for STVR (Airbnb) permits. Subject to city review and approval!
$21 Million in redevelopment coming a stones throw away:
Attachments & Media
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