For Sale
$695,000

2245 North StAnderson, CA 96007

11,188 SF Office, Vacant, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
115
This 11,188 square foot vacant office building, formerly a Bank of America branch, is situated on a high-traffic section of North Street in Anderson, CA. The property boasts a desirable location with approximately 10,500 cars passing daily, providing excellent visibility and exposure. The building features a multi-lane drive-thru with a substantial stacking lane, a significant advantage for businesses requiring convenient customer access. The expansive 1.65-acre lot offers ample parking. Inside, the open floor plan allows for flexible customization to suit a variety of commercial uses. The building's 9,000 square foot first floor and additional 2,188 square feet on the second floor offer considerable space. Built in 1977, the property is zoned AND - MU-C (Mixed Use Commercial), offering versatility for potential buyers or lessees. The asking price is $695,000, translating to $62.12 per square foot. A pro-forma NOI of $65,000 projects a 9.35% cap rate. The property's prominent pylon sign enhances visibility. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving area. The property is vacant and ready for immediate occupancy. The APN is 201-010-031.

Highlights

  • High-traffic location with 10,500 cars daily.
  • Multi-lane drive-thru with ample stacking space.
  • Excellent visibility and prominent pylon signage.
  • Flexible open floor plan adaptable to various uses.
  • Former Bank of America building, North Street, Anderson.

Property Details for 2245 North St

Property type
Retail properties, Office properties
Square Feet
11,188 SF
Year Built
1977
Lot Size (sq. ft)
71,874 SF

Location Insight

City
Anderson
County
Shasta
State
California
Latitude
40.4531648
Longitude
-122.2976579
2245 North St, Anderson, California

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2245 North St
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