Fantastic 5,100 sq. ft. mixed-use commercial building located on a well situated corner lot in downtown Isleton. The building is currently configured for three use types; retail, warehouse/manufacturing and residential, however, the property is flexible and can accommodate a number of different configurations and uses. The zoning code allows for a wide variety of permitted uses. The retail & residential portion consists of 2,100 sq. ft. of reinforced brick construction with 12' clear height and forced air heating. The fully functional residential unit consists of 1 bedroom / 1 bath and a kitchen with fridge, oven/stove and microwave. It is approximately 1,000 sq. ft. in size. The entire building has new double paned windows and concrete floors. The warehouse/manufacturing portion is of metal construction with a sloped metal roof, 14' clear height and (2) 12' roll-up doors. There are three bathrooms, one in each portion of the building. Approx. 5 - off street parking spaces. This is an attractive property for an owner user or investor. Pro forma indicates $47,000 NOI on a 9% Cap. Expanding population means these small Delta towns are becoming hot spots to invest and operate in. Don't miss out on checking out this property.
$520,000 -> $489,000 on 12/20/2424 |
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