FANTASTIC MULTIFAMILY DEVELOPMENT OPPORTUNITY! MIXED USE DOWNTOWN ZONING ALLOWS FOR 30 UNITS PER ACRE - SO POTENTIAL FOR 12 UNIT DEVELOPMENT AT LAND COST OF LESS THAN $50K/UNIT!
17,500SF property zoned Mixed Use Downtown which allows for multifamily development with adjoining parcel of 27,750SF also available with combined potential for 31 unit development.
Property currently has paved yard and two buildings totaling 3,746SF and utilities in place. Desirable downtown home location walkable to many stores and services with public transit and easy freeway access.
City of Colton MU-D zoning allows multifamily development at 30 units per acre so potential for 12 unit development.