Description
Single Story 3 unit Commercial Building in Miracle Mile District of Stockton. OVER 10% Pro-Forma Cap rate! Great location on a high traffic street with great exposure, easy access and close to everything. This Commercial Building has 5640 leasable sf and all with Storefront Exposure! THIS BUILDING HAS 3 SEPARATE UNITS WITH 2 BATHROOMS EACH AND ALL METERED SEPARATELY: 230 W Harding = 1520sf, 234 W Harding = 1880sf & 238 W Harding = 2240sf. All Leasable @ $1.25sf = Pro forma annual gross income of $84,600. Plenty of street parking as well! Previous rents were way below market value so owner gave tenants notice to vacate several months before listing, so all unit are vacant & ready to rent. This property is CG zoning district which allows for a wide variety of general commercial uses, including retail, personal and business services. Close to shopping and restaurants, about 3 miles to 3 Colleges. About 3 miles to crosstown freeway; access I-5 and HWY-99
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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5,640SQFT
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$80$/SQFT
School Ratings & Info
Description
Single Story 3 unit Commercial Building in Miracle Mile District of Stockton. OVER 10% Pro-Forma Cap rate! Great location on a high traffic street with great exposure, easy access and close to everything. This Commercial Building has 5640 leasable sf and all with Storefront Exposure! THIS BUILDING HAS 3 SEPARATE UNITS WITH 2 BATHROOMS EACH AND ALL METERED SEPARATELY: 230 W Harding = 1520sf, 234 W Harding = 1880sf & 238 W Harding = 2240sf. All Leasable @ $1.25sf = Pro forma annual gross income of $84,600. Plenty of street parking as well! Previous rents were way below market value so owner gave tenants notice to vacate several months before listing, so all unit are vacant & ready to rent. This property is CG zoning district which allows for a wide variety of general commercial uses, including retail, personal and business services. Close to shopping and restaurants, about 3 miles to 3 Colleges. About 3 miles to crosstown freeway; access I-5 and HWY-99
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