Address
2206 Pacific Avenue Stockton, CA
Price
$ 1,000,000
Property Attributes
  • MLS#20074321
  • TypePending
  • CountySAN JOAQUIN
  • CityStockton
  • Zip95204
  • StyleRetail
  • Price$ 1,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Rachel R. Wisuri CalBRE# - 01768672 with Keller Williams Realty
Property Description

It's all about Location! Corner location on a high traffic street of the historic Miracle Mile giving great exposure and easy access. Building is approximately 8697 sq ft. with 4 units, 3 in which have long term tenants (15-20+ years!). City owned shared free parking lot in the back with free (not metered) street parking as well! 1 unit is vacant, perfect for owner user or to lease. Current rents are below market value which has lead to long term steady income producing tenants! Fully leased gross income is $82,390 per year with low overhead and a cap rate of 6.4%! This property is CG zoning district which allows for a wide variety of general commercial uses, including retail, personal and business services. This is a great investor opportunity! Close to local shopping and restaurants, less than 2.5 miles to 3 Colleges. About 2 miles to crosstown freeway; access I-5 and HWY-99. This is an opportunity you do not want to miss!

Price History
12/22/2020 Listed $1,000,000

General Features

Air Central, MultiUnits
Amenities 1 Restroom Per Unit
Apn 125-070-25
Area 20701
Bldg Use-type Of Bus Retail
Census Tract 13.00
Construction Frame, Other-Rmks
Disability Features Other-Rmks
HOA MetroList Services, Inc.
Income Other-Rmks
Lease Terms Month to Month, Operating Exp Adj, Other-Rmks
Miscellaneous Indv Thrmostat Cntrl
Other Expenses Other-Rmks
Parking Public, Other-Rmks
Property Description It's all about Location! Corner location on a high traffic street of the historic Miracle Mile giving great exposure and easy access. Building is approximately 8697 sq ft. with 4 units
Property Subtype Commercial/Retail
Space 1 - $ / Sq Ft 12.00
Space 1 - Unit Sq Ft 700
Space 2 - $ / Sq Ft 12.00
Space 2 - Unit Sq Ft 1500
Space 3 - $ / Sq Ft 9.14
Space 3 - Unit Sq Ft 3500
Space 4 - $ / Sq Ft 11.01
Space 4 - Unit Sq Ft 2180
Stories 1 Story
Tenant Pays Electric, Gas/Propane, Individual Meters, Insurance, Janitorial Services, Water
Zoning C-G

Interior Features

Flooring Combo of Materials
Heating Central
Total Units 4

Exterior Features

Door Other
Exterior Stucco & Stone
Roof Description Flat/Low Pitch, Slate

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95204

Price
AVG $330K
$1M
Visits
AVG 55
38
Walkscore
AVG 60
88
Data Provided by Walkscore ® not using MLS data

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