Property Attributes
- MLS#223023370
- TypeCommercial
- CountySAN JOAQUIN
- CityStockton
- AreaStockton
- Zip95212
- StyleOffice
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3766
- Lot Size0.78 Acres
Data Source:
MetroList MLS
Property Description
Introducing Stevens Motel, a lucrative investment opportunity located at the Hammer Lane exit off Highway 99 in the desirable Morada neighborhood of Stockton, California. With its prime location and high occupancy rate of 90%, this 14-unit motel is a cash flow generator. The property features a well-maintained fenced yard, providing ample space for storage or future expansion. The motel also includes 17 paved parking spots with ADA spaces for added convenience. Each of the 14 units offers 1 bedroom and 1 bathroom, with five units equipped with full kitchens (all units are plumbed for full kitchens). Additionally, there is a spacious 2 bedroom, 1 1/2 bath manager's apartment on-site. Situated just outside the City of Stockton limits, Stevens Motel benefits from excellent visibility from the Golden State Highway (99). The property also boasts solar power and a commercial water well. Stockton, the 11th largest city in California, is home to a growing population and is easily accessible via major highways and a deepwater inland port. The city's strategic location, combined with its affordable real estate and logistics hub status, make it an ideal choice for investors. Don't miss out on this incredible opportunity to own Stevens Motel located at the Hammer Lane exit of Highway 99.
Price History | |
---|---|
3/24/2023 | Listed $1,500,000 |
General Features
Sewer | Septic Connected |
---|---|
Heating | Other |
Cooling | Other |
Utilities | Other |
Roof | Other |
Construction Materials | See Remarks |
Year Built | 1987 |
Electric | 220 Volts |
Tenant Pays | Other |
Loading | None,See Remarks |
Property SubType | Office |
Location | Other |
OwnerPays | Other |
Business Type | Other |
County | San Joaquin |
Property Type | CommercialSale |
Building Features | None |
Close Price | 0.0 |
Status | Active |
Directions | Take Highway 99 to Stockton |
City | Stockton |
Buyer Agent Compensation | 2 |
Zoning Description | County Zoned |
Total Units | 12 |
MLS Area | 20706 |
Lot Size Square Feet | 33977.0 |
Street Name | State Route 99 E Fr Road |
Standard Status | Active |
Year Built Source | Other |
Buyer Agent Compensation Type | Percent |
Interior Features
Flooring | Other |
---|---|
Street Suffix | Highway |
Exterior Features
Parking Features | See Remarks |
---|---|
Water Source | Well |
Total Parking | 0.0 |
Number of Buildings | 1 |
Building Area Total | 3766.0 |
Lot Dimensions | 195 x 261 x 271 x75 |
Lot Size Acres | 0.78 |
Lot Size Source | Assessor Agent-Fill |
Parking Ratio | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool