2-58 W 11th St | Tracy, CA 95376
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- LoopNet Team
2-58 W 11th St
Tracy, CA 95376
Converted · Hospitality Property For Sale
·
48,500 SF
INVESTMENT HIGHLIGHTS
- Generational opportunity to reposition a landmark historic property at the entry to charming downtown Tracy
- Large land site (1.65 acres) with potential for denser redevelopment to hotel, mixed/use, residential etc.
- Under market rents and un-rented Tracy Inn lobby area offer immediate upside opportunity
- In place cash flow from existing retail tenants plus amazing value-add opportunity through monetizing the 2nd floor (currently vacant)
- Hard corner location at the signalized intersection of 11th Street and Central Avenue w/ combined traffic counts of roughly 25,000 vehicles per day
- Potential for transition to low income senior housing with/if cooperation with City is obtained.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1926/1965 |
| Building Class | F | Parking Ratio | 0.94/1,000 SF |
| Lot Size | 1.72 AC | Corridor | Interior |
| Construction Status | Converted | Cross Streets | 1035-1039 N Central Ave |
| Building Size | 48,500 SF | ||
| Zoning | CBD - Central Business District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | F |
| Lot Size | 1.72 AC |
| Construction Status | Converted |
| Building Size | 48,500 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1926/1965 |
| Parking Ratio | 0.94/1,000 SF |
| Corridor | Interior |
| Cross Streets | 1035-1039 N Central Ave |
| Zoning | CBD - Central Business District |
AMENITIES
- Pool
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,464,471 | |
| Land Assessment | $436,176 | Total Assessment | $1,900,647 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$436,176
Improvements Assessment
$1,464,471
Total Assessment
$1,900,647
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