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$2,500,000
Est. payment /mo
28,000 SqFt
UPDATED:
12/19/2024 10:28 PM
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 28,000 sqft
Price per Sqft $89
MLS Listing ID EB20240412
Originating Board Bridge MLS
Year Built 1991
Property Description
"Prime Income-Generating Warehouse Opportunity with Tremendous Value-Add Potential!" Discover this exceptional investment opportunity nestled just off HWY 108 in the picturesque foothills of Sonora, CA. This property boasts an impressive 28,000 sqft across 5 buildings, all situated on a sprawling 5.08-acre lot comprised of 3 parcels. Immediate Income: Currently, all units are fully occupied, ensuring immediate returns on your investment. Value-Add Potential: The first parcel features 2.78 acres with a 9,000 sqft building divided into 2 units, with an additional vacant building site ready to enhance your investment. Diverse Investment: The second parcel spans 2.08 acres and offers 4 buildings of varying sizes totaling 19,000 sqft, divided into 8 units, providing a diverse range of leasing options. Infrastructure & Zoning: Enjoy the convenience of TUD water and sewer, PG&E electric with 3-phase power, and M-1 light industrial zoning, allowing for a multitude of uses and flexibility in operations. The third parcel is .25 acres and serves as the paved access road to the properties, ensuring easy access for tenants and potential expansion possibilities. Ideal Investment Opportunity: Whether you're looking for a solid income stream, a 1031 exchange opportunity, or seeking to expand you
Location
State CA
County Tuolumne
Area Other Area
Zoning M1
Interior
Flooring Concrete
Exterior
Exterior Feature Metal
Utilities Available Sewer - Public, Electricity - 220 Volts, Electricity - 3-Phase
Roof Type Metal
Others
Tax ID 089-040-06089
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Listed by Adam Wilson • Century 21/Wildwood Properties
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Sharad Gupta
Broker | License ID: 02213637
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