Skip To Content

534 5th Street

Orange Cove, CA 93646
  • $350,000
  • STATUS: Active
  • ON SITE: 272 Days
  • ID#: 215124
UPDATED: 35 min ago
$350,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,865
    SQFT
  • $91
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1946
County:
Area:

School Ratings & Info

Description

Great opportunity to purchase a +/-12,000 sq. ft. lot with a freshly updated +/-3,865 sq. ft. commercial building on it. +/-2,065 sq. ft. are currently leased with +/-1,800 sq. ft. of retail/office space available. The building has private living quarters attached. The rear of the building is fenced and has plenty of open space for expansion or parking. This is the perfect opportunity for owner-occupied retail with living quarters! Building Size +/-3,865 sq. ft. well-constructed building. The building was built in 1946 and renovated in 2020. The building is made up of three (3) separate suites with multiple configurations available. Zoning Zoned M-U (Mixed Use). M-U Zoning District represents a Commercial Zoning classification that permits a vertical or horizontal mix of commercial and residential uses on the same lot or within the same building. The district is intended to accommodate a physical pattern of development often found along village main streets and in neighborhood commercial areas of older cities. Income +/-2,065 sq. ft. " currently leased by Long-Term Tenants. ($1,300/month income) +/-1,800 sq. ft. " currently owner-occupied. Parking Private, Fenced, Gated Parking/Storage in Back. 20+ spaces available (Off Street & On Street). CAP Rate 9% CAP Rate property. Great annual return for an investor or investor user. Net annual return is $350,000 x 9% or $31,500 a year.

Monthly Payment Calculator



© 2022 Tulare County Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TCMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jillian Bos Team | Keller Williams Realty. Data last updated: 2022-10-03T11:16:25.487.
www.jillianbos.com/homes/124410057
Print Image

534 5th Street Orange Cove, CA 93646

  • Price: $350,000
  • Status: Active
  • On Site: 272 Days
  • Updated: 35 min ago
  • ID#: 215124
0
Beds
0
Baths
0
½ Baths
0.28
Acres
3,865
SQFT
$91
$/SQFT
1946
Built
Neighborhood:
Out Of Area
County:
Fresno
Area:
Out Of Area
Property Description
Great opportunity to purchase a +/-12,000 sq. ft. lot with a freshly updated +/-3,865 sq. ft. commercial building on it. +/-2,065 sq. ft. are currently leased with +/-1,800 sq. ft. of retail/office space available. The building has private living quarters attached. The rear of the building is fenced and has plenty of open space for expansion or parking. This is the perfect opportunity for owner-occupied retail with living quarters! Building Size +/-3,865 sq. ft. well-constructed building. The building was built in 1946 and renovated in 2020. The building is made up of three (3) separate suites with multiple configurations available. Zoning Zoned M-U (Mixed Use). M-U Zoning District represents a Commercial Zoning classification that permits a vertical or horizontal mix of commercial and residential uses on the same lot or within the same building. The district is intended to accommodate a physical pattern of development often found along village main streets and in neighborhood commercial areas of older cities. Income +/-2,065 sq. ft. " currently leased by Long-Term Tenants. ($1,300/month income) +/-1,800 sq. ft. " currently owner-occupied. Parking Private, Fenced, Gated Parking/Storage in Back. 20+ spaces available (Off Street & On Street). CAP Rate 9% CAP Rate property. Great annual return for an investor or investor user. Net annual return is $350,000 x 9% or $31,500 a year.
Exterior Features

Roof Other

Interior Features

Cooling Wall/Window Unit(S)Other Cooling YN Yes Heating Other Heating YN Yes

Property Features

New Construction YN No Property Sub Type Office Sewer Public Sewer Utilities Electricity ConnectedSewer ConnectedWater Connected Water Source Public Zoning Description M-U (Mixed Use)

Listing provided courtesy of Arnel Koster of Schuil & Associates: 559-734-1700.
Listing information © 2022 Tulare County MLS.


© 2022 Tulare County Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TCMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jillian Bos Team | Keller Williams Realty. Data last updated: 2022-10-03T11:16:25.487.
 
https://bt-photos.global.ssl.fastly.net/tulare/1280_boomver_1_215124-2.jpg https://bt-photos.global.ssl.fastly.net/tulare/1280_boomver_1_215124-2.jpg https://bt-photos.global.ssl.fastly.net/tulare/1280_boomver_1_215124-2.jpg
Logo
The Jillian Bos Team | Keller Williams Realty
400 E. Main St., Suite 110
Visalia CA, 93291