$1,850,000
$2,000,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/31/2020
Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20000900
Sold Date 10/31/20
HOA Y/N No
Originating Board MLS Metrolist
Property Description
PRICE REDUCED $500,000 (Now $32.11/SF)Compare to all other comparable properties. 3 Bldgs. on 2 parcels, 003-160-023 (644) & 003-160-024 (610 + 920) 644 Railroad is a sprinklered 50,280SF metal bldg. w/ insulated walls, raised exterior truck dock & multiple grade level roll-up doors. Has small office, 1,200 AMP electrical svc., paved yard area with perimeter fencing (6' chain link & barbed wire above) & there is a ground lease to a cell tower ($760.44 / mo.). 15+ year tenant recently moved and bldg. is available for lease for $15,000/month ($.30/SF) NNN. 610 Railroad is a 4,000 SF Bldg. that has insulated walls, is sprinklered and has an ADA RR. Current month-to month tenant has occupied bldg. since 2011 and pays $1,800/mo. ($.45/SF) rent (Industrial Gross). 920 High Street is an 8,000 SF fully insulated metal warehouse bldg. that has tenant that pays $3,200/mo. ind. Gross. Will be availble for lease on 5/16/20
Location
State CA
County Merced
Area 20405
Direction Coming to Atwater from the north on Hwy 99 take the Applegate exit and then go over the freeway to Atwater Blvd. Turn right on Atwater Blvd. and then take the first street to the right over the RR tracks then take an immediate left on Railroad Avenue.
Location Details Business Park
Interior
Heating See Remarks
Cooling None
Flooring Concrete Slab
Exterior
Garage Open
Water Access Desc Public
Roof Type Metal
Road Frontage Freeway Exposure
Building
Story 1
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 003-160-023
Special Listing Condition None
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Bought with Non-MLS Office