1255 G Street

Reedley, CA 93654

MLS ID# 224672 Active
Commercial

$599,900

0.14 acres


Description

Great commercial building. Tenant has vacated. Rent was $4,000 monthly giving you an 8% CAP RATE. Convert to smaller offices and gain the possibility of having multiple tenants increasing your opportunity of having a great CAP RATE. So many possibil... show more

Property Information

  • Property Sub-Type Commercial
  • New Construction No
  • Year Built 1940
  • Year Built Source Appraiser
  • Number of Buildings 1
  • Number of Units 1
  • Street # 1255
  • Street Name G
  • Three Quarter Baths 1
  • Suffix Street
  • Total Baths 1
  • Approx Square Feet 7165
  • City Reedley
  • SqFt Source Public Records
  • Lot Acres 0.14
  • Lot SqFt 6098
  • State/Province CA
  • Lot Dimensions Irregular
  • Zip Code 93654
  • APN 368-241-13
  • Lot Size Source Public Records
  • County Fresno
  • Additional Parcels Y/N No
  • Common Interest None
  • Area Out of Area
  • Zoning Description CS _ Per public records buyer to confirm

Listing Information

  • Commission 2.5
  • % or $ %
  • Dual Rate No
: The offer of compensation is made only to participants of the MLS where the listing is filed.

Directions to Property

From hwy 99 take manning ave east till it curves then at Y intersection break off left onto I st. At 11th st go left take till G st go right Store/ Building on Right.

Garage

No

Financial

  • Gross Scheduled Income 48000
  • Cap Rate 7.06
  • Operating Expense 7000

Details

  • Sale Type

    Standard

  • Utilities

    Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

  • Water

    Public

  • Sewer

    Public Sewer

  • Cooling

    Central Air

  • Heating

    Central

  • Roofing

    Aluminum, Concrete


This listing was last updated on 2024-01-24T03:00:28Z