555 California Ave
Sand City, CA 93955 ·
21,897 SF · Industrial For Sale
Do It Yourself Storage
|Building Size||21,897 SF||Tenancy||Multiple|
|Property Type||Industrial||Year Built||1977|
|Property Sub-type||Self/Mini-Storage Facility||Clear Ceiling Height||10 ft.|
|Property Use Type||Investment||Lot Size||1.15 AC|
|Listing ID: 16845623||Date Created: 09/22/2010||Last Updated: 06/06/2011|
Marcus & Millichap is pleased to offer a lender-owned self storage facility for sale located in Sand City, California. This offering provides a rare opportunity to acquire a stable, cash-flowing asset in a low sales velocity market. The facility is 21,897 net rentable square feet and contains 190 self storage units and two uncovered vehicle storage spaces. The improvements were constructed in 1976 and 1983, and are currently 75.9 percent physically occupied and 74.3 percent economically occupied as of August 31, 2010. There are eight single story buildings located at 555-575 California Avenue, and includes a rental office. There is a satellite location one block to the southeast at 655 Redwood Avenue that consists of two single story buildings.
These storage sites contain 1.15 acres of C-2 and MU-P zoned property located one tenth of a mile from Monterey Bay with exposure to California Highway 1. Sand City is located two miles northeast of Monterey, Pebble Beach and Carmel.
- Real Estate Owned (REO) Sale
- Located Along Highway 1 Next to Monterey Bay
- As of August 31, 2010, the Facility is 75.9 Percent Physically Occupied and 74.3 Percent Economically Occupied
- Monterey Metropolitan Statistical Area (MSA) has 400,000 Residents
- Facility is Located One Third Mile from Home Depot and Costco
- Site is 1.15 Acres and Zoned C-2 and MU-P
Joel Deis's Other Listings
205 Marshall St N
Benwood, WV 26031
For Sale · $1,250,000
2,654 SF Building
Evergreen, CO 80439
For Sale · $2,178,000
2,272 SF Building
1605 N. Greene St.
Spokane, WA 99217
For Sale · $1,406,355
880 SF Building
5620 168th St. SW.
Lynnwood, WA 98037
For Sale · $1,988,000
11,240 SF Building
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.