Skip To Content

    1241 Atwater Boulevard

    Atwater, CA 95301
    • $675,000
    • STATUS: Active
    • ON SITE: 324 days
    • ID#: MC20226360
    $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 Atwaters "Opportunity Zones 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 1,635+/- 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!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-25T00:28:11.95. 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 Zutila, Inc.. Licensed in the State of California, USA.
    www.myorangecountyhomesearcher.com/homes/111619902
    Print Image

    1241 Atwater Boulevard Atwater, CA 95301

    • Price: $675,000
    • Status: Active
    • 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 Atwaters "Opportunity Zones 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 1,635+/- 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 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 3.35 Common Interest None Electric 220 Volts Gross Scheduled Income 30000 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 22614 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

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


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-25T00:28:11.95. 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 Zutila, Inc.. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364946219-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364946219-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364946219-1.jpg
    Logo
    Zutila, Inc.
    4000 Barranca Parkway #105
    Irvine CA, 92604