311 S CENTRAL AVENUE

This property represents a rare high-visibility mixed-use opportunity positioned on a main road, offering strong exposure, flexible layout, and multiple income-generating or owner-user scenarios. Highest and Best Use: The optimal use for this property is as a professional office with live/work capability or multi-use business hub. The existing layout supports immediate occupancy for medical, professional services, consulting, or boutique business operations, while also allowing for residential integration—an increasingly desirable model in today’s market. The presence of an established doctor’s office configuration provides a clear path for medical, wellness, or service-based businesses, reducing conversion costs and accelerating time to operation. The flexible floor plan allows for multiple offices, client-facing areas, and private workspaces. The upstairs bonus room offers additional revenue or functional potential—ideal for executive office space, short-term rental, or staff housing. Scenic lake views from the upper level enhance the overall appeal for both clients and occupants. The detached garage/workshop significantly increases the property’s utility, supporting trades, storage, or operational use. With both overhead and side access, this space can function independently or as part of the primary business use. The additional shed further expands storage capacity, supporting a variety of business types. Situated on an oversized .67-acre corner lot, the property offers strong site presence, accessibility, and potential for signage, parking optimization, or future expansion (subject to zoning). The mature landscaping, including a pecan tree, enhances curb appeal for client-facing businesses. Capital Improvements & Risk Mitigation: • 2023: New electrical panel, hot water heater, fixtures, and functional upgrades • Roof replaced in 2017 • Foundation serviced by Alpha Foundations with final inspection scheduled • Commercial-grade washer/dryer included • Reasonable insurance costs These improvements reduce deferred maintenance risk and support long-term operational stability. Investment Positioning: This asset is well-suited for: • Owner-users seeking to eliminate lease expenses • Medical or professional office users • Live/work operators • Investors targeting flexible-use properties in high-visibility locations With strong road frontage, adaptable infrastructure, and multiple income pathways, this property offers both immediate usability and long-term upside, making it a compelling acquisition in today’s market.