Imagine the possibilities on iconic Canal Street! This versatile mixed-use property offers outstanding potential with HU-MU zoning, excellent visibility, and direct access to the streetcar line.The main level is currently leased for commercial use, providing immediate income. Its flexible configuration also allows it to be converted into two separate apartments. The second floor features an additional one-bedroom apartment, creating further residential income potential.The gutted basement offers a blank canvas for future development. With separate entrances, existing electrical and plumbing, and four bathrooms, the space is ready to be transformed to suit a variety of uses.Other features include off street parking, separate storage building, and quaint backyard. The property is metered with three electrical meters, one gas, and one water meter.Whether envisioned as an income-producing investment, mixed-use development, or residential conversion, this Canal Street property offers exceptional flexibility in a highly accessible location. Bring your vision and unlock the possibilities!