For Sale
$255,000

16360 State Hwy Cobb, CA 95426

Prime Cobb location, multi-use property, high potential.

Overview

Added:
Feb 3
Days on market:
83
This exceptional 2,650 square foot commercial property, situated on a 0.69-acre lot at 16360 State Highway 175 in Cobb, CA, presents a compelling investment opportunity. The property comprises a three-unit strip mall ideal for office or retail spaces, a one-bedroom apartment, a dedicated storage area, and a charming two-room log cabin offering additional space for office or retail use. Its prime location in the heart of Cobb, directly on the main highway, ensures excellent visibility and accessibility. The property benefits from a large parking area and prominent signage opportunities. The idyllic setting adjacent to Kelsey Creek provides a tranquil and picturesque environment. Convenience is maximized with proximity to a gas station, post office, supermarket, pizza restaurant, and coffee shop, all within walking distance. Currently, only one office space is rented, generating an estimated annual income of $42,000. However, the property's significant potential for increased occupancy and rental income is undeniable. While some upgrading is needed, this presents a chance to enhance the property's value and maximize its return on investment. This is a rare opportunity to acquire a multi-use property in a thriving community with strong potential for growth.

Property Details for 16360 State Hwy

Property type
Commercial real estate
Square Feet
2,650 SF
Year Built
1950
Lot Size (sq. ft)
30,056 SF

Location Insight

City
Cobb
County
Lake
State
California
Latitude
38.82382
Longitude
-122.7208

FAQs

What type of property is this?
Commercial real estate - Prime Cobb location, multi-use property, high potential.
Where is the commercial real estate located?
The property is located at 16360 State Hwy Cobb, CA.
What is the asking price?
The asking price for this property is $255,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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16360 State Hwy
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