2801 Foster Ave

Former Rite Aid pharmacy for sale or lease for the first time in 40 years. Located in the heart of the growing Canton neighborhood, this 1-acre site has incredible potential and various options for the investor or owner/user. This site could be residential with the redevelopment of townhouses / rowhouses or it could be multifamily housing. The site can continue as a retail opportunity for a single retailer or be multi-tenanted to increase rents. Of course it could be a full redevelopment in any number of options as well. The zoning is R-8 which offers a wide variety of uses as well. Approximately 1/3 of the building is occupied by a medical practice on a short-term lease. They have expressed interest in extending their lease to a long-term lease if the purchaser wants the Tenant to stay.