$307,500
$305,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
5,924 Sqft Lot
SOLD DATE : 05/31/2024
Key Details
Sold Price $307,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NS24074038
Sold Date 05/31/24
HOA Y/N No
Annual Tax Amount $695
Tax Year 2023
Lot Size 5,924 Sqft
Lot Dimensions Assessor
Property Description
Don't miss out on this incredible investment opportunity at 800 E. Lacey Blvd. in Hanford, CA! This commercial property is currently
for sale for $305,000 and is home to a mechanic shop, tire shop and a smog shop, all are long-term tenants. The property generates a total monthly income of $2,300, with the potential to increase even further by leasing the rear lot to an interested mechanic, bringing in an additional $450 per month with some investment to the back fenced lot. Take advantage of this opportunity to capitalize on existing rental income and increase the income nearly 20% by improving the rear fenced area. Don't delay...Call today!
Location
State CA
County Kings
Area 699 - Not Defined
Zoning SC
Interior
Heating Central, Natural Gas
Cooling Central Air, Evaporative Cooling
Fireplace No
Laundry None
Exterior
Fence Chain Link
Utilities Available Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Composition
Present Use Commercial
Total Parking Spaces 5
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 014213008000
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with General NONMEMBER • NONMEMBER MRML
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA