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$3,179,000
Est. payment /mo
19,062 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226058226
HOA Y/N No
Year Built 1940
Lot Size 19062.000 Acres
Acres 0.4376
Property Sub-Type Retail
Source MLS Metrolist
Property Description
Excellent opportunity to acquire a fully leased commercial investment property in the heart of Downtown Tracy. This 9,600 square foot freestanding commercial building sits on a 0.43-acre lot and includes a dedicated on-site parking lot, a rare amenity for the downtown core. The property is 100% occupied by a single long-term tenant on a 5-year lease, offering a projected 7% cap rate based on in-place income. Fully leased commercial building with long-term tenant on a 5-year lease. Financials available upon request providing stable use and consistent customer traffic. Situated in a high-visibility downtown location, the property benefits from strong surrounding retail, dining, and commercial activity, making it an attractive hands-off investment in a growing Central Valley market.
Location
State CA
County San Joaquin
Area 20601
Direction From B st to 11th
Location Details Downtown
Interior
Heating Central
Cooling Central
Flooring Concrete
Exterior
Parking Features Parking Lot 1 Block
Utilities Available Sewer Connected
Water Access Desc Public
Roof Type Composition
Building
Story 1
Foundation Concrete
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 235-053-07
Special Listing Condition None
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Listed by Royalty Mortgage & Real Estate
Nearby School & Business
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Lance McHan
Broker Associate | License ID: 01987449
Broker Associate License ID: 01987449