2245 North StAnderson, CA 96007

Property Details for 2245 North St

Year built

1977

Lot size

1.65 AC

Property size (Sq ft)

11,188 SF

Property type

Healthcare properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Anderson

County

Shasta

State

California

Latitude

40.4532

Longitude

-122.298

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