Valuable development location. Land values in area range from $200K to $400K per acre. Low list price reflects the risks involved. Before proceeding with any development concept, it is highly recommended buyers consult with development experts for property specific engineering and legal guidance. Property is zoned IX-3-PL on the front, CM on the rear. Residential use is allowed only with a multi-family development (more than 3 units) and only on 2nd and 3rd floors. Listing is the same as MLS# 2230512.