The address designates a specific location, typically a business or commercial property. It serves as a unique identifier for postal delivery, navigation systems, and official records. For example, a company might list this address as its headquarters or a branch office.
Such a location often represents a center of economic activity, providing employment opportunities and contributing to local tax revenue. The establishment of a business at this address may signify growth and investment within the community. Historically, locations like this have facilitated commerce and industry.