2675 Alabama Street

    Atwater, CA 95301
    • $625,000
    • STATUS: Active
    • ON SITE: 644 days
    • ID#: MC17184711
    UPDATED: 24 min ago
    $625,000
    • 0
      BEDS
    • 0.63
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,243
      SQFT
    • $100
      $/SQFT
    Type:
    Commercial
    Built:
    1976
    County:

    School Ratings & Info

    Description

    Two adjoining properties located on Alabama Street in the Atwater Village Subdivision. Both properties combined make up a Business Plaza and are being sold together. 8 Office Suites ranging from 335 sq. ft. to 1,378 sq. ft., of which 7 are currently rented. 2665 Alabama Street consists of a 18,295 +/- sq.ft. lot with 3 Office Buildings. 2675 Alabama Street is a 9,139 +/- sq.ft. lot with 1 Office Building, that features 5 Office Suites and two Bathrooms. Property is located on the South side of Bellevue Road across from the old Savemart Shopping Center, between Alabama Street and Palm Ave. Access to the Plaza is via one driveway on W. Bellevue Road and one driveway on Alabama Ave.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-22T11:29:49.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.themarellygroup.com/homes/75896457

    2675 Alabama Street Atwater, CA 95301

    • Price: $625,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: MC17184711
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.63
    Acres
    6,243
    SQFT
    $100
    $/SQFT
    1976
    Built
    County:
    Merced
    Property Description
    Two adjoining properties located on Alabama Street in the Atwater Village Subdivision. Both properties combined make up a Business Plaza and are being sold together. 8 Office Suites ranging from 335 sq. ft. to 1,378 sq. ft., of which 7 are currently rented. 2665 Alabama Street consists of a 18,295 +/- sq.ft. lot with 3 Office Buildings. 2675 Alabama Street is a 9,139 +/- sq.ft. lot with 1 Office Building, that features 5 Office Suites and two Bathrooms. Property is located on the South side of Bellevue Road across from the old Savemart Shopping Center, between Alabama Street and Palm Ave. Access to the Plaza is via one driveway on W. Bellevue Road and one driveway on Alabama Ave.
    Exterior Features

    Construction Materials BrickFrameVertical SidingWood Siding Fence YN No Fencing None Lot Features 2-5 Units/AcreLandscapedLawnLot 20000-39999 SqftIrregular LotLevelNear Public TransitPark NearbySprinkler SystemSprinklers Drip SystemSprinklers In FrontSprinklers On SideSprinklers TimerTreed LotUp Slope From StreetUtilities - Overhead Lot Size Source Assessor Lot Size Units Square Feet Parking Total 27.00 Roof Spanish Tile

    Interior Features

    Condo Area Units Square Feet Cooling Central AirDualZonedElectric Cooling YN Yes Heating CentralZonedForced AirNatural Gas Heating YN Yes Laundry Features None Office Class B

    Property Features

    Accounting Type Actual Additional Parcels Description 002-252-018 Additional Parcels YN No Anchors Co Tenants 2 Dental Offices Asset Class Office Building Area Units Square Feet Building Status Existing Business Type Barber/BeautyDentalMixedProfessional/Office Cap Rate 4.50 Country Us Current Use Comments Mixed Office Electric Electricity - On PropertyStandard Electric Expense 1644.00 Expense Year 2018 Gross Scheduled Income 62111.00 Insurance Expense 8209.00 Investment Property YN Yes Land Lease YN No Land Use Office Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Maintenance Expense 6478.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 18481.00 Number Of Units Leased 7 Operating Expense 43974.00 Other Expense 4789.00 Other Income1 344.00 Professional Management Expense 3134.00 Property Sub Type Office Real Estate Tax Expense 8479.00 Security Features Carbon Monoxide Detector(S)Security LightsSmoke Detector(S) Special Listing Conditions Standard Sprinklers YN Yes Tax Rate 1.10 Tax Year 2018 Total Expenses 43974.00 Total Monthly Rent 4685 Trash Expense 828.00 Utilities Electricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 10413.00 Water Source Public Zoning Cg

    Listing provided courtesy of Scott A. Oliver of Cb Gonella Realty, Merced


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-22T11:29:49.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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