9405 Orangevale Ave. Warehouse, w/ owner financing
4,800 SF wearhouse on 1.77 acre lot, owner financing available
Marketing description
1.77acre parcel located in Orangevale near the border line of the City of Folsom with a 5000 sqft metal and concrete block building, zoned general commercial. The best uses are:
Commercial best use:
1- Wearhouse with office space with 4 Roll up doors
2- RV/boat/equipment parking/storage
3- Get a use permit for a 3-story mini storage with a maximum height of 50 feet. There is high demand for RV/ Boat storage/parking, near Folsom Lake and river.
4- Auto/ bike repairs
Residential best use:
1-Get use permit for 40-45 three story affordable townhomes home /office (Live/work) on separate APNs. Since many people these days work from home (remotely) and can save gas. I have the building plans, the plan that was built and sold before in the City of Citrus Heights.
2- Get a use permit for 3 story affordable 50-55 apartment units.
3- Get a use permit for 35-40 units of Mobile Park in high demand in the City of Orangevale. Subject property backs to a mobile park.
The seller can provide owner financing with 15%-20% down payment.
Note: All utilities are at the site, and some hookup fees are paid. Roll up doors, plus 3 phase power.
Nader K. Fard
Residential Commercial Broker Since 1979
Investment highlights
Owner financing is available, with 15%-20% down payment. The zoning is general commercial, but Value is mostly in land for residential single or multi family development
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