• Location: Downtown Uvita, a central and convenient location. This is advantageous for both commercial and residential uses, as it’s accessible to amenities, services, and potential customers or residents.
• Commercial/Residential Zoning: The property’s zoning for both commercial and residential use offers flexibility. You could consider a variety of developments, such as a mixed-use building, retail space on the ground floor with residential units above, or a purely residential development.
• Public Utilities: Public water and electric services available on the property is a significant benefit. This can save on the costs and logistical challenges associated with setting up private utilities.
• Ready to Build: The fact that the lot is ready to build on is a considerable advantage. It reduces the time and effort required for pre-construction preparations.
• Flat Lot: A flat lot is generally easier to build on compared to a sloped one. It can save on construction costs and offer more straightforward design options.
• Public Road Access: Public road access on two sides of the property enhances the property’s visibility and accessibility. This is crucial, especially if you’re considering a commercial development.
• Proximity to the heart of Uvita: The center of Uvita location, the next block over from the BCR Uvita can increase foot traffic and visibility for a commercial venture.
• Subdividing Potential: The ability to subdivide the property provides additional flexibility and potential for diverse development options. This could involve creating multiple lots for separate residential or commercial purposes, allowing for a more tailored and strategic approach to development.
• Increased Investment Potential: Subdividing can enhance the investment potential of the property. It not only allows for phased development but also opens up the possibility of selling individual parcels, catering to different market demands or preferences.
• Maximizing Land Use: Commercial or residential use features enable you to maximize the use of the land efficiently. Various configurations align with local zoning regulations and market demands, that optimize the overall value of this gem of a property.
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