644 Railroad Avenue

    Atwater, CA 95301
    • $2,500,000
    • STATUS: Active
    • ON SITE: 218 days
    • ID#: MC18036264
    UPDATED: 33 min ago
    $2,500,000
    • 0
      BEDS
    • 3.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 62,280
      SQFT
    • $40
      $/SQFT
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    There are 3 bldgs. (610 & 644 Railroad Avenue and 920 High Street) on 2 separate parcels (APNs 003-160-023 - 644 Railroad and APN 003-160-024 -610 Railroad & 920 High Street). 644 Railroad is a fully sprinklered 50,280 SF metal bldg. with one exterior raised dock door and multiple grade level doors. Has a small office and 1,200 AMP electrical service for a heavy user. Current tenant has occupied since 2005 but Seller is hesitant to renew lease as property is for sale. Tenant is currently on a month-to-month tenancy and pays $12,500 / month. There is also a ground lease to a cell tower company on a small portion of the 2.5 acre parcel (Rent is 760.44/month). 610 Railroad is fully sprinklered and has tenant that has occupied since 2011. Most recent 3 year extension just expired and Seller is hesitant to renew lease as property is for sale. Currently on a month-to-month tenancy and paying $1,600 / month. 920 High Street is currently vacant (Market rent is between $.30 and $.40/SF/month). All three buildings have good access to freeway both north and south and are in in the B-P Zone (Business Park). Atwater's B-P zoning allows cannabis related business. All 3 buildings have insulation in the walls sandwiched between the newer metal skin on the exterior and the original corrugated

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-22T09:31:17.37. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.pismohomes.com/homes/80798031

    644 Railroad Avenue Atwater, CA 95301

    • Price: $2,500,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: MC18036264
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.43
    Acres
    62,280
    SQFT
    $40
    $/SQFT
    County:
    Merced
    Property Description
    There are 3 bldgs. (610 & 644 Railroad Avenue and 920 High Street) on 2 separate parcels (APNs 003-160-023 - 644 Railroad and APN 003-160-024 -610 Railroad & 920 High Street). 644 Railroad is a fully sprinklered 50,280 SF metal bldg. with one exterior raised dock door and multiple grade level doors. Has a small office and 1,200 AMP electrical service for a heavy user. Current tenant has occupied since 2005 but Seller is hesitant to renew lease as property is for sale. Tenant is currently on a month-to-month tenancy and pays $12,500 / month. There is also a ground lease to a cell tower company on a small portion of the 2.5 acre parcel (Rent is 760.44/month). 610 Railroad is fully sprinklered and has tenant that has occupied since 2011. Most recent 3 year extension just expired and Seller is hesitant to renew lease as property is for sale. Currently on a month-to-month tenancy and paying $1,600 / month. 920 High Street is currently vacant (Market rent is between $.30 and $.40/SF/month). All three buildings have good access to freeway both north and south and are in in the B-P Zone (Business Park). Atwater's B-P zoning allows cannabis related business. All 3 buildings have insulation in the walls sandwiched between the newer metal skin on the exterior and the original corrugated
    Exterior Features

    Construction Materials Metal SidingSteel Siding Fence YN Yes Fencing Chain Link Lot Features Level With StreetLot Over 40000 SqftLot Shape-IrregularPaved Lot Size Source Assessor Lot Size Units Square Feet Roof Metal Topography Level

    Interior Features

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

    Property Features

    Additional Parcels Description 003160024000 Additional Parcels YN No Amperage 1200 Building Area Units Square Feet Building Status Existing Country Us Electric Electricity - On Property Industrial Type ManufacturingWarehouse/Distribution Investment Property YN No Land Lease YN No Land Use IndustrialOfficeOther 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 Sprinklers Special Listing Conditions Standard Water Source Public Zoning B-P

    Listing provided courtesy of Steve Tinetti of Tinetti Realty Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-22T09:31:17.37. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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