2487 240th Street

Investors: This downtown building is built for a multi-income strategy. The main level's open, adaptable layout works as retail, food and beverage, gallery, or office space, with strong street-facing visibility for foot traffic and signage. The second level's original character vaulted ceilings, and historic detail lend themselves to studio offices, event rental, boutique retail, or a multi-unit conversion. A private apartment with a separate rear entrance is already partially built out across the rest of the second and third levels — a head start toward a residential rental unit layered on top of your commercial income. One building, multiple strategies: Fix it up to lease it, flip it, or hold it as a mixed-use asset in a prominent downtown location. Bring your renovation plan and make it work for you.