Atwater, CA 95301,1241 Atwater BLVD
Atwater, CA 95301,1241 Atwater BLVD
Atwater, CA 95301,1241 Atwater BLVD
Atwater, CA 95301,1241 Atwater BLVD
Atwater, CA 95301,1241 Atwater BLVD
Atwater, CA 95301,1241 Atwater BLVD
See all 41 photos

$639,000

$675,000

5.3%
Est.Price: ?

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Est. payment /mo

9,199 Sqft Lot


SOLD DATE : 03/04/2022

Key Details

Sold Price $639,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MC20226360

Sold Date 03/04/22

HOA Y/N No

Lot Size 9,199 Sqft

Lot Dimensions Assessor

Property Description

Commercial freestanding property for sale in the Downtown area of Atwater! Lots of exciting things happening in downtown! The City of Atwater purchased two buildings in downtown to move their staff. Whiskey River Saloon relocating to Broadway Ave, ice skating ring for the winter, and much more. Excellent high visibility on Atwater Blvd, one of Atwater's busiest thoroughfares and surrounded by public parking lots on each side with a total of 41 spaces. Located just a few blocks away from Hwy 99 which gets an average of 52,000 vehicles per day and the Applegate Ranch Retail center that offers roughly 450,000 square feet of retail space, a premier destination for the surrounding area. This property consists of two buildings that share a common wall, consisting of roughly 7,285+/- gross square feet, and with about 80 feet of frontage. You also have public transportation right across the street and potentially a stop for the upcoming ACE Train. The zoning is Central Commercial. You have 5 in-place tenants, one that has been leasing for the last 15 years, current rents are way below market and could be improved. Behind the store front spaces, the property also offers a 1,635+/- sq ft shop, a 2,420+/- square foot warehouse for storage or additional retail opportunities. You also get a 26ft x 31ft locked high cyclone fence for additional storage on the alley side. Excellent upside here, room to increase rents substantially!

Location

State CA

County Merced

Zoning C-C

Interior

Heating Central, Natural Gas

Cooling Central Air

Fireplace No

Laundry None

Exterior

Utilities Available Natural Gas Connected, Phone Connected, Sewer Connected

Roof Type Rolled/Hot Mop

Total Parking Spaces 18

Building

Lot Description Near Public Transit, Rectangular Lot

Story 1

Water Public

Others

Tax ID 002213009000

Acceptable Financing Cash, Cash to New Loan, Owner May Carry

Listing Terms Cash, Cash to New Loan, Owner May Carry

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ernie Ochoa • CB Commercial, Gonella Realty
Bought with Ernie Ochoa • CB Commercial, Gonella Realty
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