For Sale
$665,000

270 Coalinga Plz Coalinga, CA 93210

Fully Leased Mixed-Use Building in CA

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional mixed-use property, located at 270 Coalinga Plaza in Coalinga, California (zip code 93210), presents a compelling investment opportunity. The 5,124 square foot building, constructed in 1991, sits on a 5,500 square foot lot and boasts a 100% occupancy rate with long-term tenants. The property features a desirable mix of retail and office space, perfectly situated in the heart of downtown Coalinga, near banks, libraries, shopping centers, and other professional offices. The ground floor comprises approximately 2,400 square feet of turnkey restaurant space with seating for up to 60 patrons, currently under lease, and an additional 1,600 square feet of leased space occupied by a full-service beauty salon. The upper floor offers three private offices. Recent upgrades enhance the property's appeal, including a new roof, a new air conditioning unit, rear parking, a covered arbor, and attractive landscaping provided by the City of Coalinga. This net-lease investment offers a strong return with a price per square foot of $151.25 and an asking price of $665,000. The seller is willing to finance. The property's prime location and strong tenant base make it an ideal addition to any investment portfolio. APN: 07213120.

Highlights

  • Fully leased, long-term tenants.
  • Downtown Coalinga location.
  • Well-maintained 5,124 SF building on a 5,500 SF lot.
  • New roof and AC unit.
  • Seller financing available.

Property Details for 270 Coalinga Plz

Property type
Retail properties, Office properties
Square Feet
5,124 SF
Year Built
1991
Buildings
1
Stories
2

Location Insight

City
Coalinga
County
Fresno
State
California
Latitude
36.1402014
Longitude
-120.36104808

FAQs

What type of property is this?
Retail property - Fully Leased Mixed-Use Building in CA
Where is the retail property located?
The property is located at 270 Coalinga Plz Coalinga, CA.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Fully leased, long-term tenants.; Downtown Coalinga location.; Well-maintained 5,124 SF building on a 5,500 SF lot.
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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270 Coalinga Plz
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