Ideal commercial development site on Kipling Street in Lakewood with M-N-U zoning that allows for a multitude of uses, including office, retail, multi-family, group living facility, and/or restaurant. Traffic counts of over 38,000 cars per day and close to many parks and business centers. Current structures include a 4 Bed/1 Bath single-family home and retail storefront building with 3,320 s.f. and ample off-street parking. House and retail building could be rented during entitlement and municipal approval process. Current owner may consider a rent-back for a period of time. This property is also a rare Live/Work opportunity as both buildings are in good condition and ready for occupancy.