Property Attributes
- MLS#223107196
- TypeCommercial
- CountySTANISLAUS
- CityTurlock
- AreaTurlock
- Zip95380
- StyleRetail
- Price$ 4,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4909
- Lot Size1.3 Acres
Data Source:
MetroList MLS
Property Description
Explore a fantastic investment opportunity in Turlock, California, with this exceptional single-level commercial property located at 3401 W Monte Vista. This property is zoned for retail trade and is currently in operation as one of the town's exclusive cannabis dispensaries. The fully renovated property covers 1.3 acres and boasts 4,909 square feet of space, making it a unique prospect for investors. Positioned strategically on a corner for maximum visibility and conveniently located, this property offers a 7% capitalization rate through a lease agreement with one of the largest distributors and cultivators in the United States. It comes equipped with a range of amenities, including 24-hour security, restrooms, a break room, a lobby, electric charging facilities, solar power, and key card entry. Don't miss out on the opportunity to secure a prominent place in Turlock's thriving retail landscape. Contact us today to arrange a viewing and explore the countless possibilities that this property has to offer....
Price History | |
---|---|
11/3/2023 | Listed $4,900,000 |
11/13/2023 | 7% - $4,600,000 |
2/1/2024 | 3% - $4,500,000 |
3/29/2024 | 9% - $4,100,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Central |
Cooling | Central |
Utilities | Telephone |
Roof | Tile |
Construction Materials | Stone,Frame |
Year Built | 2007 |
Electric | 220 Volts |
Tenant Pays | Dues/Fees,Electricity,Taxes,Gas,Grounds Care,Water,Maintenance |
Loading | Other |
Property SubType | Retail |
Current Use | Retail |
Location | Business Park |
Business Type | Dispensary |
County | Stanislaus |
Property Type | CommercialSale |
Building Features | Manager's Office,Restroom(s)-Private,Restroom(s)-Public,Front Sign |
Close Price | 0.0 |
Status | Active |
Directions | FWY 99 to W Monte Vista exit,left at the light onto W. Monte Vista Ave |
City | Turlock |
Buyer Agent Compensation | 2.5% |
Zoning Description | Commercial |
Total Units | 1 |
MLS Area | 20301 |
Lot Size Square Feet | 56628.0 |
Street Name | Monte Vista |
Ok to Lease | Other |
Standard Status | Active |
Year Built Source | Assessor Auto-Fill |
Buyer Agent Compensation Type | Percent |
Interior Features
Flooring | Tile |
---|---|
Street Suffix | Avenue |
Exterior Features
Parking Features | Open,Uncovered |
---|---|
Water Source | Public |
Total Parking | 0.0 |
Building Area Total | 4909.0 |
Lot Size Acres | 1.3 |
Lot Size Source | Assessor Auto-Fill |
Road Frontage Type | Freeway Frontage |
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