Commercial Sale Details
There are 3 bldgs. (610 & 644 Railroad Avenue and 920 High Street) on 2 separate parcels (APNs 003-160-023 - 644 Railroad and APN 003-160-024 -610 Railroad & 920 High Street). 644 Railroad is a fully sprinklered 50,280 SF metal bldg. with one exterior raised dock door and multiple grade level doors. Has a small office and 1,200 AMP electrical service for a heavy user. Current tenant has occupied since 2005 but Seller is hesitant to renew lease as property is for sale. Tenant is currently on a month-to-month tenancy and pays $12,500 / month. There is also a ground lease to a cell tower company on a small portion of the 2.5 acre parcel (Rent is 760.44/month). 610 Railroad is fully sprinklered and has tenant that has occupied since 2011. Most recent 3 year extension just expired and Seller is hesitant to renew lease as property is for sale. Currently on a month-to-month tenancy and paying $1,600 / month. 920 High Street is currently vacant (Market rent is between $.30 and $.40/SF/month). All three buildings have good access to freeway both north and south and are in in the B-P Zone (Business Park). Atwater's B-P zoning allows cannabis related business. All 3 buildings have insulation in the walls sandwiched between the newer metal skin on the exterior and the original corrugated
|Price Per SqFt||$40.14|
|Number Of Units||2|
|Number Of Buildings||1|
|Listing Brokerage||Tinetti Realty Group|
|Listing Agent||Steve Tinetti|
|Listing Agent BRE #||00475070|
Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, July 17, 2018.
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