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    1200 Broadway Avenue

    Atwater, CA 95301
    • $1,450,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: MC20226358
    UPDATED: 71 min ago
    $1,450,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,375
      SQFT
    • $101
      $/SQFT
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Here is your opportunity to purchase some of Atwater+GGs history, the iconic old Passadori+GGs Appliance, Electronics and Furniture store! This commercial property has not been offered for sale in roughly more than 90 years. Located in Atwater+GGs Downtown Business District and within the +G+Opportunity Zone+G- of Atwater. You are surrounded by many long-standing locally owned and nationally owned businesses, a few blocks from Hwy 99 and Hwy 140. Just on the other side of the freeway, you have the Applegate Ranch Retail center that offers about 450,000 square feet of retail space. This site is in the heart of downtown Atwater, zoned Central Commercial and it would be perfect for any type of retail, restaurant, brewery, gym, an event venue or downtown living units. The space is demised into 2 spaces, the corner side offers roughly 7,300 +/- sq ft of open retail space, very high ceilings, window retail view on both sides, a 2,600 +/- sq ft basement with lighting, a mezzanine upper level that measures roughly 10x112 feet, a break room, and office space with an antique built-in large safe and counter space. The 2nd space is roughly 7,020 gross sq ft, a mezzanine upper level that is 4,054 +/- sq ft, warehouse space for storage in the back, very high ceilings, and is currently under lease with Habitat For Humanity of Merced County. This property is truly a gem, don+GGt miss out on this excellent opportunity!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-01T18:30:29.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.

    www.bobkellyteam.com/homes/111561558
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    1200 Broadway Avenue Atwater, CA 95301

    • Price: $1,450,000
    • Status: Active
    • Updated: 71 min ago
    • ID#: MC20226358
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    14,375
    SQFT
    $101
    $/SQFT
    1950
    Built
    County:
    Merced
    Property Description
    Here is your opportunity to purchase some of Atwater+GGs history, the iconic old Passadori+GGs Appliance, Electronics and Furniture store! This commercial property has not been offered for sale in roughly more than 90 years. Located in Atwater+GGs Downtown Business District and within the +G+Opportunity Zone+G- of Atwater. You are surrounded by many long-standing locally owned and nationally owned businesses, a few blocks from Hwy 99 and Hwy 140. Just on the other side of the freeway, you have the Applegate Ranch Retail center that offers about 450,000 square feet of retail space. This site is in the heart of downtown Atwater, zoned Central Commercial and it would be perfect for any type of retail, restaurant, brewery, gym, an event venue or downtown living units. The space is demised into 2 spaces, the corner side offers roughly 7,300 +/- sq ft of open retail space, very high ceilings, window retail view on both sides, a 2,600 +/- sq ft basement with lighting, a mezzanine upper level that measures roughly 10x112 feet, a break room, and office space with an antique built-in large safe and counter space. The 2nd space is roughly 7,020 gross sq ft, a mezzanine upper level that is 4,054 +/- sq ft, warehouse space for storage in the back, very high ceilings, and is currently under lease with Habitat For Humanity of Merced County. This property is truly a gem, don+GGt miss out on this excellent opportunity!
    Exterior Features

    Construction Materials StuccoWood Siding Lot Features Corner LotRectangular Lot Lot Size Dimensions 115X125 Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating CentralNatural Gas Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels YN No Asset Class RetailSpecialty Building Area Units Square Feet Building Status Existing Country Us Current Use Comments Previously Used As An Appliance/Hardware Store. Electric 220 VoltsElectricity - On Property Gross Scheduled Income 32672.00 Insurance Expense 1996.00 Investment Property YN Yes Land Lease YN No Land Use Retail Laundry YN No Leasable Area Units Square Feet Lease Considered YN Yes Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 23146.00 Number Of Units Leased 1 Occupancy Available Operating Expense 9526.00 Property Sub Type Retail Real Estate Tax Expense 4434.00 Retail Center Type Community/Specialty Retail Square Footage 14328 Security Features Security System Special Listing Conditions Standard Trash Expense 1536.00 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected Water Sewer Expense 1560.00 Water Source Public Year Built Source Seller

    Listing provided courtesy of Ernie Ochoa of Cb Commercial, Gonella Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-01T18:30:29.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.

     
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    La Mesa CA, 92042