Mississippi Ave Liquor Store

Investment Overview

A 3,312 SF free-standing commercial building on a built-out Lakewood corridor, currently operating as a liquor store — a defensive, neighborhood-driven use that holds up through cycles and doesn't compete with e-commerce. Behind the retail space is a private 1BD/1BA residential unit, letting an owner-operator live on site, house a manager, or lease it as a second income stream against debt service. M-N-S zoning supports that mix directly and leaves room to reposition the front space for another retail, service, or office use down the road. The duplex directly behind is available from the same owner — one seller, one negotiation, contiguous parcels. Offered individually or as a package.

Investment Highlights

• 3,312 SF free-standing building, built 1950
• Zoned M-N-S — Lakewood's flexible mixed-use neighborhood district
• Private 1BD/1BA residential unit behind the retail space
• Adjacent duplex available from the same owner — buy one or buy the block
• Recession-resistant liquor retail use in place
• No shared walls, CAM, or co-tenancy risk — full owner control
• Owner-user friendly: SBA 504/7(a) eligible with on-site housing
• Basis below replacement cost on a corridor with fixed supply