4 ms·
There's a spot right across the street from Original Joe's. I'm not sure exactly how much of the building has been sitting empty for the past 10+ years, but the
by drdeadringer 8y ago
There's a spot right across the street from Original Joe's. I'm not sure exactly how much of the building has been sitting empty for the past 10+ years, but the only time I've seen the corner retail space occupied was for a [temporary] pop-up store for SuperBowl 50's memorabilia while that was going on. This makes sense for somebody, and at the moment that's not me.
- kurthr 8y agoIf the property has low prop13 taxes, then there's not much cost to keeping it empty. Lots of older california real estate like that... entire shopping malls are empty and "appreciating in value".
- ende 8y agoProp13 on commercial property really needs to be balanced with heavy vacancy taxes.
- ScottBurson 8y agoProp. 13 on commercial property needs to be terminated.
- usaar333 8y agoI don't understand this. If you are not receiving rent, that's a huge opportunity cost regardless of what you are paying in property taxes.