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    1241 Atwater Boulevard

    Atwater, CA 95301
    • $675,000
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: MC20226360
    UPDATED: 48 min ago
    $675,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,285
      SQFT
    • $93
      $/SQFT
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Commercial freestanding property for sale in the Downtown area of Atwater! Excellent high visibility on Atwater Blvd, one of Atwater's busiest thoroughfares and surrounded by public parking lots on each side with a total of 41 spaces. Located just a few blocks away from Hwy 99 which gets an average of 52,000 vehicles per day and the Applegate Ranch Retail center that offers roughly 450,000 square feet of retail space, a premier destination for the surrounding area. This property consists of two buildings that share a common wall, consisting of roughly 7,285+/- gross square feet, and with about 80 feet of frontage. You also have public transportation right across the street. The zoning is Central Commercial and located within Atwater+GGs +G+Opportunity Zones+G- area. You have three in-place tenants, one that has been leasing for the last 15 years. The combined leased square footage is 3,111+/- sq ft and the property also offers a 1,632+/- sq ft shop, a 2,420+/- square foot warehouse for storage or additional growth. You also have access to a 26ft x 31ft locked high cyclone fence for additional storage on the alley side. Excellent upside here, room to expand and increase rents!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T11:25:54.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

    www.applefinancialnetwork.com/homes/111619902
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    1241 Atwater Boulevard Atwater, CA 95301

    • Price: $675,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: MC20226360
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    7,285
    SQFT
    $93
    $/SQFT
    County:
    Merced
    Property Description
    Commercial freestanding property for sale in the Downtown area of Atwater! Excellent high visibility on Atwater Blvd, one of Atwater's busiest thoroughfares and surrounded by public parking lots on each side with a total of 41 spaces. Located just a few blocks away from Hwy 99 which gets an average of 52,000 vehicles per day and the Applegate Ranch Retail center that offers roughly 450,000 square feet of retail space, a premier destination for the surrounding area. This property consists of two buildings that share a common wall, consisting of roughly 7,285+/- gross square feet, and with about 80 feet of frontage. You also have public transportation right across the street. The zoning is Central Commercial and located within Atwater+GGs +G+Opportunity Zones+G- area. You have three in-place tenants, one that has been leasing for the last 15 years. The combined leased square footage is 3,111+/- sq ft and the property also offers a 1,632+/- sq ft shop, a 2,420+/- square foot warehouse for storage or additional growth. You also have access to a 26ft x 31ft locked high cyclone fence for additional storage on the alley side. Excellent upside here, room to expand and increase rents!
    Exterior Features

    Construction Materials BlockStucco Lot Features Rectangular LotNear Public Transit Lot Size Dimensions 80X115 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 18.00 Roof Rolled/Hot Mop Uncovered Spaces 18.00

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating CentralNatural Gas Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels Description 002-213-013 Additional Parcels YN Yes Asset Class Retail Building Area Units Square Feet Building Status Existing Country Us Electric 220 Volts Expense Year 2019 Gross Scheduled Income 28800.00 Insurance Expense 933.00 Investment Property YN Yes Land Lease YN No Land Use Retail Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 21414.00 Number Of Units Leased 3 Occupancy Occupied Operating Expense 7386.00 Property Sub Type Retail Real Estate Tax Expense 3357.00 Retail Square Footage 2457 Special Listing Conditions Standard Total Expenses 7386.00 Total Monthly Rent 1800 Trash Expense 1536.00 Utilities Natural Gas ConnectedPhone ConnectedSewer Connected Water Sewer Expense 1560.00 Water Source Public Zoning C-C

    Listing provided courtesy of Ernie Ochoa of Cb Commercial, Gonella Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T11:25:54.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

     
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