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1241 Atwater Boulevard

Atwater, CA 95301
  • $675,000
  • STATUS: Active
  • ON SITE: 389 Days
  • ID#: MC20226360
UPDATED: 71 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

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

Description

Commercial freestanding property for sale in the Downtown area of Atwater! Lots of exciting things happening in downtown! The City of Atwater purchased two buildings in downtown to move their staff. Whiskey River Saloon relocating to Broadway Ave, ice skating ring for the winter, and much more. 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 and potentially a stop for the upcoming ACE Train. The zoning is Central Commercial. You have 5 in-place tenants, one that has been leasing for the last 15 years, current rents are way below market and could be improved. Behind the store front spaces, the property also offers a 1,635+/- sq ft shop, a 2,420+/- square foot warehouse for storage or additional retail opportunities. You also get a 26ft x 31ft locked high cyclone fence for additional storage on the alley side. Excellent upside here, room to increase rents substantially!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-29T00:24:51.657. 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 Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/111619902
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1241 Atwater Boulevard Atwater, CA 95301

  • Price: $675,000
  • Status: Active
  • On Site: 389 Days
  • Updated: 71 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! Lots of exciting things happening in downtown! The City of Atwater purchased two buildings in downtown to move their staff. Whiskey River Saloon relocating to Broadway Ave, ice skating ring for the winter, and much more. 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 and potentially a stop for the upcoming ACE Train. The zoning is Central Commercial. You have 5 in-place tenants, one that has been leasing for the last 15 years, current rents are way below market and could be improved. Behind the store front spaces, the property also offers a 1,635+/- sq ft shop, a 2,420+/- square foot warehouse for storage or additional retail opportunities. You also get a 26ft x 31ft locked high cyclone fence for additional storage on the alley side. Excellent upside here, room to increase rents substantially!
Exterior Features

Construction Materials BlockStucco Lot Features Near Public TransitRectangular Lot Open Parking Spaces 18 Parking Total 18 Roof Rolled/Hot Mop Sign On Property YN Yes

Interior Features

Cooling Central Air Cooling YN Yes Heating CentralNatural Gas Heating YN Yes

Property Features

Additional Parcels YN Yes Cap Rate 4 Common Interest None Electric 220 Volts Gross Scheduled Income 34800 Insurance Expense 933 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanOwner May Carry Net Operating Income 27414 Number Of Units Leased 4 Operating Expense 7386 Property Sub Type Retail Special Listing Conditions Standard Trash Expense 1536 Utilities Natural Gas ConnectedPhone ConnectedSewer Connected Water Sewer Expense 1560 Water Source Public Zoning C-C



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-29T00:24:51.657. 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 Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing provided courtesy of Ernie Ochoa of Cb Commercial, Gonella Realty