$575,000

Rare two-parcel investment and development opportunity on Jensen Ave in Sanger. The sale includes two separate legal parcels that may be developed independently, subject to applicable City requirements and development standards.The property is zoned C-P (Administrative & Professional Office) with a Commercial Office General Plan designation. The existing residential improvements are recognized as a legal non-conforming/grandfathered residential use.The zoning also allows multiple residential uses, including condos, townhomes, duplexes, triplexes and fourplexes, subject to site-specific requirements such as parking, access and approved plans. Additional permitted uses may include private residence clubs, fraternity and sorority houses, rest homes, convalescent homes, nursing homes, rooming houses, boardinghouses, small residential care facilities, supportive housing, transitional housing and other qualifying residential or care-related uses.The existing improvements provide immediate residential or income-producing potential, while the two legal parcels create additional flexibility for future residential, professional office or other permitted development.A unique opportunity for an investor, builder, small developer, professional owner-user or long-term hold. Both parcels are being offered together. Buyer to independently verify zoning, permitted uses, parcel boundaries, development potential, utilities, access, parking, easements and permit status with the appropriate agencies.