200 Front StRio Vista, CA 94571

Property Details for 200 Front St

Property size (Sq ft)

12,125 SF

Property type

Industrial properties

Property subtype

Other office properties

Description

This exceptional 12,125-square-foot flex space, situated on a 21,960-square-foot lot in Rio Vista, California (APN: 0178-121-150 & 160), presents a unique owner-user investment opportunity. Priced at $1,899,000 ($156.62/sq ft), this Class C property boasts a pro-forma cap rate of 8.43% and a pro-forma NOI of $160,000. Currently vacant, the property features a blend of modern living space (15%), professional office space (10%), and expansive shop/R&D/manufacturing/warehouse space (75%). The warehouse area offers impressive 28-foot clear height ceilings, while the shop area provides 12- to 14-foot clear heights. The property includes two mezzanine levels, one configured as guest quarters with a fireplace, and the other as a gym and private office. Building amenities include two hanging gas-fired heating and cooling units, heavy power (3-phase 480 amp), and a pneumatic air system. Exterior features include eight parking spaces. The property is zoned DW - Downtown Waterfront and was renovated in 1993. Note that an adjacent half-acre lot used for outdoor storage is not included in this sale. This property offers a rare chance to acquire a versatile space in a desirable waterfront location.

Location Insight

City

Rio Vista

County

Solano

State

California

Latitude

38.1576

Longitude

-121.69

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