Rare Development Opportunity for A Mixed use 70,950sqf Rroperty with Condominiums and Retails. The property occupies approximately 0.4 acres and consists of four buildings, a small parking area, and a rectangular grassy area south of the building located at 1625 1627 Ocean Avenue. The buildings are single story except for the two story building located at 1601 Ocean Avenue/1271 1275 Capitol Avenue. The single story buildings are used for commercial/retail purposes. The two story building is currently vacant and consists of offices at 1271 Capitol Avenue located above retail space at 1601 Ocean Avenue. The Site is bounded by Ocean Avenue to the north, Capitol Avenue to the east, residential facilities to the south, and commercial facilities to the west. The properties surrounding the Site include residential, mixed use, and commercial purposes. The owner has obtained initial architectural plan and Phase 1 environmental studies.