987 Laurel Street

Property Overview
This is a medical office building that is leased to a major Vet chain through 12/31/2026. They are not renewing because they are consolidating to another much larger location. This building offers a broad array of permissible uses including residential. The Regional Housing Needs Assessment puts this land at 2 residential units. However, if redeveloped with an architect and the city with both city and new state pro-housing laws, a buyer could potentially get several stories and many units, TBD. Zoning: MU-N-50: Neighborhood Mix: retail, commercial, and office uses, as well as residential development of up to fifty (50) units per net acre. Permissible uses: Multi unit residential, family childcare small and large, Residential care - limited, community assembly(minor use permit), cultural (MUP), day care, instructional, schools (CUP), social service (CUP), pet grooming(*5), bank and financial services (mup), business services (9*), restaurant (cup), convenience store (cup), food prep, business and professional office, medical office (9*), personal service. Please speak with a city planner and an architect to confirm whether your use is permissible.
Home Details
- Property type
- ResidentialIncome - Duplex
- Year built
- 1946
- Living area
- 1,185 sq ft
- Lot size
- 3,000 sq ft
- Parking
- 3 spaces
- Stories
- 1.0
- Days on market
- 190
- MLS status
- Active
- Architectural style
- Contemporary
- Zoning
- MU-N-50: retail, office,
Features & Amenities
Parking
- Uncovered
Security
- Window Bars
Community, Schools & Utilities
Community
- View
- Yes
Utilities
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
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