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Home For Sale California Lodi 5397
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Mixed Use For Sale By Owner

Large Multi Unit Commercial Property on Busy Street




330 E Kettleman Lane, Lodi, California 95240 United States
Description

Great opportunity to own a unique property on the Kettleman Ln corridor. The property consists of 2 parcels, totaling 1 acre, all within Lodi's General Commercial Zone. The first parcel contains two commercial buildings totaling 7,300 sf; ideal for light industrial use and provides great exposure for your business along the busy Kettleman Lane. Behind the buildings is a 20,000 sf fenced storage yard. The second parcel contains a 3 bed, 1 bath home with a finished basement. The parcel also has a 2 car detached garage with its own bath.

Great investment opportunity or owner occupied. Currently 100% leased with opportunity to increase revenue by leasing storage yard or adding building(s)

Business included in Sale? No

Income/Expense Info: Actual

Financial: 2017

Gross Income: $97,200

Operating Expenses: $6,000

Net Operating Income: $85,200

Price: $1,100,000
Property Sub-Type: Mixed Use
Total Building Size: 8,300 SF
occupancy: 100
Cap Rate: 8% %
Listing ID: 5397

Map of: 330 E Kettleman Lane, Lodi, California 95240 United States

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