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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