Atwater, CA 95301,644 Railroad AVE

$1,850,000

$2,000,000

7.5%
Est.Price: ?

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Est. payment /mo

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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MetroList® Services, Inc (RESO)
Listed by Tinetti Realty
Bought with Non-MLS Office

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