For Sale
$850,000

4400 Washington StStockton, CA 95215

Prime corner lot, multi-tenant retail building.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 2,660 square foot retail building situated on a prominent corner lot (7,004 sq ft) in Stockton's Garden Acres neighborhood. The property, featuring a slanted roof and two handicap parking spaces (not ADA compliant), is currently 100% occupied by two tenants, generating a combined monthly rental income of $3,383 ($1,133 and $2,250). The building operates under a Net Lease (NNN) agreement with a multi-tenant occupancy since June 19, 2016. The property also includes a residential unit. Located in a community-oriented area with local businesses and community centers, this C-2 zoned property offers a stable investment with growth potential. The 2023 property taxes totaled $3,565, with a tax assessment of $283,013. Its convenient location, approximately 50 miles from both Sacramento and the Bay Area, enhances its appeal and business attraction potential. The asking price is $850,000, representing a strong return on investment. This one-story building is a unique opportunity in a thriving neighborhood. The property's APN is 159-041-01.

Highlights

  • 2,660 SF retail building on a 7,004 SF corner lot in Stockton's Garden Acres neighborhood.
  • Currently 100% occupied by two tenants generating $3,383 monthly net income ($1,133 and $2,250).
  • Net Lease (NNN) agreement in place since June 19, 2016; includes a residential unit.
  • C-2 zoning, located near local businesses and community centers.
  • 2023 property taxes: $3,565; assessed value: $283,013. APN: 159-041-01.
  • Asking price: $850,000. Located ~50 miles from Sacramento and the Bay Area.

Property Details for 4400 Washington St

Property type
Retail properties, Retail space
Square Feet
2,660 SF
Buildings
1
Stories
1

Location Insight

City
Stockton
County
San Joaquin
State
California
Latitude
37.9631061
Longitude
-121.2345141
4400 Washington St, Stockton, California

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4400 Washington St
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