Atwater, CA 95301,644 Railroad AVE
$1,850,000
$2,000,000
7.5%
Est.Price: ?

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644 Railroad AVE Atwater, CA 95301

Est. payment /mo
SOLD DATE : 10/31/2020

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Key Details

Sold Price $1,850,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20000900

Property Description

PRICE REDUCED $500,000 (Now $32.11/SF)Compare to all other comparable properties. 3 Bldgs. on 2 parcels, 003-160-023 (644) & 003-160-024 (610 + 920) 644 Railroad is a sprinklered 50,280SF metal bldg. w/ insulated walls, raised exterior truck dock & multiple grade level roll-up doors. Has small office, 1,200 AMP electrical svc., paved yard area with perimeter fencing (6' chain link & barbed wire above) & there is a ground lease to a cell tower ($760.44 / mo.). 15+ year tenant recently moved and bldg. is available for lease for $15,000/month ($.30/SF) NNN. 610 Railroad is a 4,000 SF Bldg. that has insulated walls, is sprinklered and has an ADA RR. Current month-to month tenant has occupied bldg. since 2011 and pays $1,800/mo. ($.45/SF) rent (Industrial Gross). 920 High Street is an 8,000 SF fully insulated metal warehouse bldg. that has tenant that pays $3,200/mo. ind. Gross. Will be availble for lease on 5/16/20

Location

State CA

County Merced

Area 20405

Interior

Heating See Remarks

Cooling None

Flooring Concrete Slab

Exterior

Garage Open

Roof Type Metal

Building

Story 1

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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MetroList® Services, Inc (RESO)
Listed by Tinetti Realty
Bought with Non-MLS Office

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Jeff Barnhart

Realtor | License ID: 01495886

+1(916) 251-6778

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