701 Broadway AveAtwater, CA 95301

  • Commercial real estate
  • 0.13 AC
For Sale
$299,000 View listing

Property Details for 701 Broadway Ave

Lot size
0.13 AC
Property type
Commercial real estate
APN
003-073-007-000
APU
3073007000

Description

This exceptional commercial property, located in the heart of downtown Atwater, California, presents a unique investment opportunity. The building, situated on a sizable 0.13-acre lot (approximately 5,720 square feet), offers approximately 900 square feet of usable space. Currently configured as a hair salon, the property's adaptable layout allows for a variety of commercial uses, making it an ideal choice for entrepreneurs and investors alike. Beyond the main building, a substantial 588-square-foot garage/storage space provides ample room for inventory, equipment, or additional workspace. This added space significantly enhances the property's functionality and value. The asking price is $299,000. The property's central location in Atwater offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. While currently operating as a hair salon, the absence of any signage on the property allows for a seamless transition to a new business venture. The sale may include certain items of personal property, details of which can be provided upon request. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving downtown area. Don't miss out on this chance to establish your business or expand your investment portfolio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,421,940
    Hospitality
    $1,302,489
    Educational
    $1,083,656
    Medical
    $1,120,924
    Retail
    $1,685,687

Location Insight

City
Atwater
County
Merced
State
California
Latitude
37.3452
Longitude
-120.604
CBSA code
32900
CBSA name
MERCED, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,081
$39,821
$153,447
$193,268
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