420-426 TRIPLETT ST - COMMERCIAL PROPERTY situated on 2 parcels, with 3 separate building sections, totaling a GLA of 10,326+/- SF and 1,129+/- SF of attic space. All three sections are connected by interior doorways but can be occupied separately allowing for increased earning potential since each building/section (420, 422, 426 Triplett) has separate utilities/meters (gas, water and electric); and all have three phase power wired into the 3 buildings. The parcels are zoned by OMPC within the Central Business (B-2) district. Signage is available along the high traffic area of Triplett St. with a 2023 AADT of 4,000 (Annual Average Daily Traffic). The front parking is black top pavement, and the road frontage is approximately 140 linear feet along Triplett and approx. 130 linear feet along 5th St. 420 TRIPLETT ST (Murphy Sewing), constructed 1946 with 5,717+/- SF GLA, was occupied as retail. The main retail area has a large showroom, 2 offices, 2 restrooms, a small kitchenette/break room and a large storage area in the back with abundant shelving. The other retail area (technically 422 Triplett) also has 2 restrooms, sales area and another storage/work area. The buildings are constructed of block with steel truss system, dry wall and drop ceilings. Both have heating and central air (separate thermostats),and separate utilities between the two sections (420/422). 426 TRIPLETT ST., steel frame building constructed in 1980 with 4,609+/- SF GLA, was previously used as a gathering/event space occupied by a religious group. The building is mainly an open warehouse space with 2 restrooms, a large storage room in the back of the building, cabinetry, ample shelving and updated lighting. This structure has two corridors connecting to the retail building to the north and a 10’ x 12’ overhead door located in the front of the building. The building has a separate HVAC unit that climate controls the entire area, and again with separate utilities from the other structures. BIG DEAL! Triplett Street lies within the downtown/west zone footprint (Census Tract 3), making it eligible for Opportunity Zone benefits. What This Means for Investors: Investing in an Opportunity Zone offers numerous advantages, including temporary deferral, step-up in basis for gains reinvested, and permanent exclusion from taxable income of capital gains. Any redevelopment, rezoning, or new construction at 420/422/426 Triplett St will require review for approval by the OMPC. Explore the potential for a profitable investment with multiple leasing opportunities—or create space to grow your own business with possible tax incentives and economic development advantages. Don’t miss this rare investment opportunity, as the building and business has been cherished and maintained within the same family for nearly 20 years.