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As is, whereis...Welcome to the best of both worlds! This property is the one that you have been waiting for right in the greater Chatham Area. 7643-45 is offering 8 residential units (all significantly below market rent) upstairs all with 1 bath, (6) studio, (1) 1br, and (1) 2br. Come in and add your finishes and updates to the residential spaces and raise the rent to maximize your profit! Retail spaces include a Restaurant and Lounge, which currently occupies 2 (of the 3) retail spaces. All units and retail are currently occupied. For Business and Commercial corridors the Community Reinvestment Act (CRA) has several different grants and other funding to assist Business Owners with revitalization right in this community. Some of the current eligible programs include TIF, Tax Credits and Opportunity Zone which can oftentimes be layered to help local businesses. Bring your offers and schedule your tour!

Property Details of 7643 South Cottage Grove Avenue

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Listed by Cassandra Sneed and Deja Sneed Harris of Exit Strategy Realty

Based on information submitted to MRED  as of May 28, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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