Listed by Pacific Properties, Pacific Coast Real Estate & Development
$525,000
751 W Riverside Dr
Details
APN 888200
Property Type Retail, Land
Sub Type Storefront, Commercial
Square Footage 3,456
Cap Rate 6.33%
Occupancy 80%
Tenancy Multi
Lease Type NN
Remaining Term 2
Price per SqFt $152
Year Built 1960
Buildings 2
Acreage 0.730
Zoning C-2
Parking Spaces 30 spaces
Parking Per SqFt 8.68
Income property! Water front, Mixed use complex with long term tenants
Marketing description
Shop Could Be Leased for $950 Per Month. Owner Pays, Taxes, Insurance, Water/sewer and Garbage. Tenants Pay Electric, Gas, Janitorial. Public: Price Reduced!!! Fantastic Opportunity to Purchase This Beautiful River Front, Income Property Generating $3,250 Per Month With Long Term Leases. Buildings Are Built to Last With Metal Roof, Hardy Cement Siding, and Massive Concrete Pillar Foundation. Excellent Layout With Common Lobby Area Leading to Clean Updated Spaces With Attractive Finishes and Fixtures. Large Deck Overlooking the River Front. Separate Shop With Office and Bathroom is Vacant. Large Paved Parking. Motivated Seller!!!
Listing Contacts
Listed by Pacific Properties, Pacific Coast Real Estate & Development
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