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340 N California Street

Stockton, CA 95202
  • $399,000
  • STATUS: Active
  • ON SITE: 297 Days
  • MLS #: 223010283
UPDATED: 59 min ago
$399,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,101
    SQFT
  • $78
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

3 UNIT, 5101 SQ FOOT, SINGLE STORY LOCATION, WITH HIGH CEILINGS2500 SQ FOOT OF STORAGE SPACE WITH 6.5 FOOT TALL CEILINGS FOR THE HALF BASEMENT.CURRENT LEASE WITH MINIMART IS 14,400 INCOME A YEARTHE 2 ADDITIONAL UNITS ARE VACANT, CURRENTLY OPENED TO ONE UNIT, EASY TO DIVIDE.IT SHOULD BE EASY TO BRING IN AN EXTRA 38,000 A YEAR FROM THESE OTHER 2 UNITSWHICH WOULD MAKE TOTAL INCOME AROUND 52,000 A YEAR INCOME BEFORE EXPENSES.BASEMENT SPACE MAKES ADDING, UTILITIESVERY EASY IF WANTING TO BUILD OUT.PLEASE ASK FOR CURRENT EXPENSES AND A WALKTHROUGH ON PROPERTY. BONUS FEATURESOpportunity zone, allowing for deferment of taxes and other benefits.Downtown Stockton Alliance, providing additional city amenities and incentives for businesses.OVER 10% PRO FORMA CAP RATE.Within one block of over 200 new apartments under development.Over 8,400 cars per day. All units havegreat exposure withglass storefronts and easy access.50 foot window line. 4 bathrooms. Zoned CG. Plenty of free street parking.

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Metrolist MLS logo © 2023 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2023-12-03T08:39:03.66. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.sacramentoareahomefinder.com/homes/136807818
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340 N California Street Stockton, CA 95202

  • Price: $399,000
  • Status: Active
  • On Site: 297 Days
  • Updated: 59 min ago
  • MLS #: 223010283
0
Beds
0
Baths
0
½ Baths
0.11
Acres
5,101
SQFT
$78
$/SQFT
Neighborhood:
Stockton South
County:
San Joaquin
Area:
Stockton South
Property Description
3 UNIT, 5101 SQ FOOT, SINGLE STORY LOCATION, WITH HIGH CEILINGS2500 SQ FOOT OF STORAGE SPACE WITH 6.5 FOOT TALL CEILINGS FOR THE HALF BASEMENT.CURRENT LEASE WITH MINIMART IS 14,400 INCOME A YEARTHE 2 ADDITIONAL UNITS ARE VACANT, CURRENTLY OPENED TO ONE UNIT, EASY TO DIVIDE.IT SHOULD BE EASY TO BRING IN AN EXTRA 38,000 A YEAR FROM THESE OTHER 2 UNITSWHICH WOULD MAKE TOTAL INCOME AROUND 52,000 A YEAR INCOME BEFORE EXPENSES.BASEMENT SPACE MAKES ADDING, UTILITIESVERY EASY IF WANTING TO BUILD OUT.PLEASE ASK FOR CURRENT EXPENSES AND A WALKTHROUGH ON PROPERTY. BONUS FEATURESOpportunity zone, allowing for deferment of taxes and other benefits.Downtown Stockton Alliance, providing additional city amenities and incentives for businesses.OVER 10% PRO FORMA CAP RATE.Within one block of over 200 new apartments under development.Over 8,400 cars per day. All units havegreat exposure withglass storefronts and easy access.50 foot window line. 4 bathrooms. Zoned CG. Plenty of free street parking.
Exterior Features

Construction Materials BrickConcreteWood Dock Doors 0 Loading None Num Of Floors 0 Parking Features Public Roof CompositionFlat Total Parking Spaces 0.00

Interior Features

Cooling Central Flooring CarpetConcreteLinoleum Heating Central Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 0 Retail Sq Ft 0 Warehouse Sq Ft 0

Property Features

Building Features Basement Business Type GroceryCommercialProfessional ServiceWholesaleOther Electric 200 To 400 Amp Service Income Includes Rent Lease Deposit 0 Location Downtown Num Of Offices 0 Num Of Tenants 0 Operating Expense Includes Other Property Subtype Retail Property Type Commercial Sale Sewer Public Sewer Special Listing Conditions None Tenant Pays SewerElectricityGasTrash CollectionWaterSee Remarks Utilities Separate Gas Meter Water Source Public Year Built Details Unknown Year Renovated 0 Zoning Commercial General

Metrolist MLS logo Listing provided courtesy of Exp Realty Of California Inc.: . Listing information © 2023 MetroList Services, Inc.


Metrolist MLS logo © 2023 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2023-12-03T08:39:03.66. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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