644 Railroad Avenue

    Atwater, CA 95301
    • $2,000,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: MC20003370
    UPDATED: 37 min ago
    $2,000,000
    • 0
      BEDS
    • 3.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 62,280
      SQFT
    • $32
      $/SQFT
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    PRICE REDUCED $500,000 (Now $32.11 / SF) COMPARE TO ANY OTHER WAREHOUSE /INDUSTRIAL PROPERTY CURRENTLY ON THE MARKET. 3 Bldgs.(610 & 644 Railroad Ave. & 920 High St) on 2 parcels, 003-160-023 (644 Railroad) & 003-160-024 (610 Railroad + 920 High St.) 644 Railroad is a fully sprinklered 50,280 SF metal bldg. with insulated exterior walls, raised exterior truck dock & multiple grade level roll-up doors. Has small office, 1,200 AMP electrical service, paved yard area with perimeter fencing (6' chain link with barbed wire above) and there is a ground lease to a cell tower ($760.44 / mo.). 15+ year tenant recently moved and bldg. is available for lease for $15,000/month ($.30/SF) NNN. 610 Railroad is a 4,000 SF Bldg. that has insulated walls, is sprinklered and has an ADA RR. Current month-to month tenant that has occupied bldg. since 2011 and pays $1,800/mo. ($.45/SF) rent (Industrial Gross). 920 High Street is an 8,000 SF fully insulated metal warehouse bldg. that has MTM tenant that pays $3,200/mo. ($.40/SF) rent (industrial Gross). All 3 bldgs. have good access to and visibility from Hwy 99. Property is zoned B-P (Business Professional) which allows cannabis related businesses (Buyer to verify with the City of Atwater whether this property qualifies for Buyer's specific intended cannabis related business). All three buildings on the two parcels are for sale together for $2,00,000 ($32.11 / SF) and 644 is also available for lease for $15,000/month ($.30/SF) NNN.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T11:29:42.76. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/102075190

    644 Railroad Avenue Atwater, CA 95301

    • Price: $2,000,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: MC20003370
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.4
    Acres
    62,280
    SQFT
    $32
    $/SQFT
    County:
    Merced
    Property Description
    PRICE REDUCED $500,000 (Now $32.11 / SF) COMPARE TO ANY OTHER WAREHOUSE /INDUSTRIAL PROPERTY CURRENTLY ON THE MARKET. 3 Bldgs.(610 & 644 Railroad Ave. & 920 High St) on 2 parcels, 003-160-023 (644 Railroad) & 003-160-024 (610 Railroad + 920 High St.) 644 Railroad is a fully sprinklered 50,280 SF metal bldg. with insulated exterior walls, raised exterior truck dock & multiple grade level roll-up doors. Has small office, 1,200 AMP electrical service, paved yard area with perimeter fencing (6' chain link with barbed wire above) and there is a ground lease to a cell tower ($760.44 / mo.). 15+ year tenant recently moved and bldg. is available for lease for $15,000/month ($.30/SF) NNN. 610 Railroad is a 4,000 SF Bldg. that has insulated walls, is sprinklered and has an ADA RR. Current month-to month tenant that has occupied bldg. since 2011 and pays $1,800/mo. ($.45/SF) rent (Industrial Gross). 920 High Street is an 8,000 SF fully insulated metal warehouse bldg. that has MTM tenant that pays $3,200/mo. ($.40/SF) rent (industrial Gross). All 3 bldgs. have good access to and visibility from Hwy 99. Property is zoned B-P (Business Professional) which allows cannabis related businesses (Buyer to verify with the City of Atwater whether this property qualifies for Buyer's specific intended cannabis related business). All three buildings on the two parcels are for sale together for $2,00,000 ($32.11 / SF) and 644 is also available for lease for $15,000/month ($.30/SF) NNN.
    Exterior Features

    Construction Materials Metal SidingSteel Fence YN Yes Fencing Barbed WireChain LinkSee Remarks Lot Features Corner LotLot Over 40000 Sqft Lot Size Source Assessor Lot Size Units Acres Roof Metal Topography Level

    Interior Features

    Condo Area Units Square Feet Cooling None Cooling YN No Heating None Heating YN No Laundry Features None

    Property Features

    Additional Parcels Description 003160024 Additional Parcels YN Yes Asset Class Industrial Building Area Units Square Feet Building Status Existing Business Type IndustrialManufacturingWarehouse Country Us Electric Electricity - On PropertyHeavy Industrial Type ManufacturingWarehouse/Distribution Investment Property YN No Land Use Industrial Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 2 Property Sub Type Industrial Security Features Fire Sprinkler System Special Listing Conditions Standard Utilities Cable AvailableElectricity Connected Water Source Public Zoning B-P (Business Professiona

    Listing provided courtesy of Steve Tinetti of Tinetti Realty Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T11:29:42.76. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
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