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$ 665,000
Est. payment | /mo
5,124 SqFt
$ 665,000
Est. payment | /mo
5,124 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,124 sqft
Price per Sqft $129
MLS Listing ID 645246
HOA Y/N No
Year Built 1991
Lot Size 5,662 Sqft
Property Sub-Type Commercial
Property Description
This fully leased multi-tenant retail building is a prime investment opportunity for buyers seeking residual income and a well-located commercial property. Ideally situated on a beautiful tree-lined street in the heart of Downtown Coalinga, the property benefits from strong visibility and a vibrant surrounding business district.
The front downstairs space features approximately 2,400 sq. ft. of turnkey restaurant space, currently leased, with seating capacity for up to 60 guests. Also located on the ground floor is a full-service beauty salon offering approximately 1,600 sq. ft., which is also currently leased.
Upstairs, the property includes three private office suites, one of which is presently leased to a computer service business, providing additional rental income potential.
Recent improvements to the property and surrounding area include rear parking, a covered back arbor, ornamental street lighting, and landscaping enhancements completed by the City of Coalinga, adding both convenience and curb appeal.
The property is being sold as-is, offering an excellent opportunity for investors looking to acquire an income-producing commercial property in a desirable downtown location.
The front downstairs space features approximately 2,400 sq. ft. of turnkey restaurant space, currently leased, with seating capacity for up to 60 guests. Also located on the ground floor is a full-service beauty salon offering approximately 1,600 sq. ft., which is also currently leased.
Upstairs, the property includes three private office suites, one of which is presently leased to a computer service business, providing additional rental income potential.
Recent improvements to the property and surrounding area include rear parking, a covered back arbor, ornamental street lighting, and landscaping enhancements completed by the City of Coalinga, adding both convenience and curb appeal.
The property is being sold as-is, offering an excellent opportunity for investors looking to acquire an income-producing commercial property in a desirable downtown location.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Exterior
Parking Features On Street
Roof Type Flat
Building
Lot Description Urban
Sewer Public Sewer
Water Public
Listed by Taylor Monroy-Cisneros London Properties, Ltd.