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Value Add Investment: ±14,589 SF of Office/Retail Buildings - Availability Details

83 S Stewart St, Sonora, CA 95370

  • For Sale $1,975,000
  • City Sonora
  • Zip Code 95370
  • Property Type Office - General Office
  • Property Size 14,589 Sqft
  • Lot Size 0.41 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1983
  • Year Renovated 2020
  • Date Updated 28 Apr, 2021
Located in Downtown Sonora on S Stewart St & Lyons St. North of Theall St, South of Bradfrd St, West of S Green St & East of S Shepherd St. Excellent location on very busy corners in Downtown Sonora. Downtown Sonora is where it all happens! Downtown Sonora is full of rich history and modern flair. Downtown Sonora is full of unique boutiques & galleries, restaurants, drinking establishments and fun-filled events and festivals. Visitors and locals are drawn to Downtown Sonora to enjoy it historic charm, rich heritage and small town appeal.
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Location

  • City Sonora, CA
  • Zip Code 95370

Contacts

broker

Jared Ennis

KW Commercial Central California

(559) 302-8698

Highlights

  • USPS Anchored Building W/ Long Term Tenants
  • Double Digit Cash-on-Cash Returns After Stabilized
  • Investment Opportunity: Leased Office/Retail Spaces
  • Long-Term Tenants | Low Turnover | Low Maintenance
  • ±14,589 SF On ±0.409 Acres w/ Private Parking + Signage
  • Cash Cow To Produce $224K In Rents ($15.38/SF/Yr)
  • Rent Growth Of Under-Market Remaining Units
  • Quality Construction | Well Maintained | ADA Access Via Bridge
  • Long Term Tenants w/ Upside Potential Via Leasing
  • Easy Access from Surrounding Major Corridors & Downtown
  • Functional Spaces | Easy To Rent | Move-in Ready
  • Requires Little Management or Maintenance
  • Easy Access to Highway 49 & Major Retail Arterials
  • Excellent Existing Signage On 3 City Street Corners
  • Well-Known Freestanding Office Building @ Corner Location
  • Ample Parking, Quality Tenants, & Great Exposure

Frequently Asked Questions

What year was Value Add Investment: ±14,589 SF of Office/Retail Buildings built and finished?

Value Add Investment: ±14,589 SF of Office/Retail Buildings was completed in 1983.

Attachments

Contact Listing Broker

broker

Jared Ennis

KW Commercial Central California

(559) 302-8698

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