$726,000
Hanford, CA 93230
MLS# 114476
Status: Closed
7000 sqft
1 / 17
Property Description
Two story brick commercial building consisting of approximately 7,000 sq. ft. with 3,500 sq. ft. basement used as storage. First Floor: Fatte Albert's Pizza renting for $2,800 per month Lease expires January 1, 2022 All equipment owned by Fatte Albert's. Second Floor: Golden State Crop Insurance renting for $4,500 per month Lease expires June 30, 2019 Tenant responsible for inside maintenance and water, garbage and all utilities. Landlord pays for roof, A/C, awning maintenance, property taxes and insurance. New Phoenix Roof installed in 2004. Cap rate is approximately 9.5%
Details
Maps
Property Information
Property Sub-Type: Commercial
Year Built: 1956
Street #: 108
Direction: E
Street Name: 7th
Suffix: Street
Stories: 2
Approx Square Feet: 7000
SqFt Source: Public Records
Lot Acres: 0.08
Lot SqFt: 3500
State/Province: CA
Lot Dimensions: 50' x 70'
Zip Code: 93230
APN: 012041008000
Lot Size Source: Public Records
County: Kings
Area: Out of Area
Listing Information
Original List Price: 749000
List Price/SqFt: 107
Current Price: $726,000
Status: Closed
Listing Date: 2015-03-05
Listing Price: 749000
Showing Information
Cross Street: S. Douty
Directions to Property: Property is located on the northside of 7th Street between S. Douty and Harris Street just north of Hwy 198 in downtown Hanford.
Remarks
Marketing Remarks: Two story brick commercial building consisting of approximately 7,000 sq. ft. with 3,500 sq. ft. basement used as storage. First Floor: Fatte Albert's Pizza renting for $2,800 per month Lease expires January 1, 2022 All equipment owned by Fatte Albert's. Second Floor: Golden State Crop Insurance renting for $4,500 per month Lease expires June 30, 2019 Tenant responsible for inside maintenance and water, garbage and all utilities. Landlord pays for roof, A/C, awning maintenance, property taxes and insurance. New Phoenix Roof installed in 2004. Cap rate is approximately 9.5%
Status Change Info
Pending Date: 2015-04-21
Status Change Date: 2015-07-31
Close Date: 2015-07-31
Close Price: 726000
Close Price/SqFt: 103.71
Property Features
Utilities: Sewer Connected; Water Connected
Construction: Brick
Listing Office: Schuil Ag Real Estate
Listing Agent: Michael Schuil
Agent Email: mike@schuil.com
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.