$610,000
$620,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
0.25 Acres Lot
SOLD DATE : 07/23/2021
Key Details
Sold Price $610,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC20176006
Sold Date 07/23/21
HOA Y/N No
Year Built 1943
Lot Size 10,890 Sqft
Property Description
Currently operating as a used car dealership, this is an ideal opportunity to purchase frontage on the highly visible and active McHenry Auto Mall. Current tenants are month to month and interested in long term lease if possible with a 7.5%+ cap rate, or continue operating a similar line of business of your own. Parcels included are: 113001059000 , 113-001-005-000
Structures included on lot are, a back building of approximately 3000SF currently used as a mechanic repair area with an upstairs loft of usable space and restroom that could easily be remodeled into a large office. Also, two small separate private offices and a private restroom in an approximately 200SF structure. Buyer to verify square footage. The front lot is open for auto inventory. Current dealership turns 40+ autos a month per current owner. Back of the property has two gates that open securely to a quiet residential neighborhood with additional parking.
Location
State CA
County Stanislaus
Interior
Fireplace No
Laundry None
Building
Lot Description Level
Water Public
Others
Tax ID 113001059000
Financing Conventional
Special Listing Condition Standard
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Bought with Francisco Gonzalez • Realty World Golden Hills