Tuesday, May 11, 2010

Property for sale with Starbuck's...?



While I was looking up the listing for 7903 S. Calumet, i also ran across this property at 635-639 E. 79th.

Here's the description:

22 UNIT MIXED USE BUILDING IN BUSSLING CHATHAM!

16 FULLY RENTED RESIDENTIAL APARTMENTS & 6 FULLY RENTED STORE FRONTS.

BEAUTIFUL 1920'S ART DECO IVORY BUILDING.

GREEN LEED NEW CONSTRUCTION CONDOS GOING UP ACROSS THE STREET.

COMMERCIAL UNIT WILL OCCUPY A NEW MAGIC JOHNSON STARBUCKS.

GREAT OPPORTUNITY TO GET INTO A FULLY STABILIZED TURN KEY INVESTMENT PROPERTY.

CALL OR EMAIL FOR MORE DETAILS AND MARKETING PACKAGE

Do you think a Starbuck's is really going there? i know it's a business the Chatham Avalon Community Council blog has advocated for this type of business. But with this economy, it seems like Starbuck's is NOT the kind of business on the upswing yet. And would they really settle into a property that will change hands before they have moved in?


i don't want to discourage buyers...but want to make sure someone isn't getting scammed.

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