$240,000
$249,500
3.8%For more information regarding the value of a property, please contact us for a free consultation.
1.18 Acres Lot
SOLD DATE : 10/17/2023
Key Details
Sold Price $240,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LC23133671
Sold Date 10/17/23
HOA Y/N No
Year Built 1986
Lot Size 1.177 Acres
Property Description
This is a commercial property with tons of potential for growth. This property consists of 3 separate parcels, totaling 1.17 acres, zoned C1. There is a 2,875 sq. ft. building with 4 separate units, each with its own exterior entrance, large windows for lots of natural light and all vary in size. Each unit has its own electrical meter. These units are set up to be rented separately. Each space has an exterior door for customers and an interior door that leads to a common hallway and restrooms. In addition there is a 1000 sq. ft. warehouse or storage unit that is attached to the building with an interior door into the building, exterior door and roll up doors perfect for deliveries. Warehouse can be rented separately. This property has been partially updated with the new floor plan, exterior paint, some interior paint, etc. This property is the perfect canvas for the creative entrepreneur. Have your own business in one unit and rent the other spaces for additional income. Keep the whole building for yourself or lease the units and collect the rent. This property offers tons of parking with room to develop the other 2 parcels. The C1 zoning offers an array of options such as but not limited to, retail sales of food, dry good, arts and crafts, flowers, bait, etc. Personal services such as barber or beauty shops, laundromats, dance studios. Food services such as cafes, coffee shops, etc. Professional offices, medical services, cannabis sales. There are many more options for this type of zoning. There is a need for more services in Spring Valley and surrounding communities. This is an opportunity for someone to meet that need. The 2 additional parcels are currently being leased to PG&E for $1,250 per month.
Location
State CA
County Lake
Area Lcspv - Spring Valley
Zoning C1
Interior
Heating Central
Fireplace No
Laundry None
Exterior
Community Features Fishing
Utilities Available Electricity Connected, Water Connected
Roof Type Flat
Total Parking Spaces 30
Building
Lot Description 2-5 Units/Acre, Paved, Street Level
Story 1
Water Private
Others
Tax ID 062692360000
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Greg Evans • Century 21 Epic