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1140 Chittenden Ave 8,026 SF Retail Building Corcoran, CA 93212 $999,000 ($124.47/SF)

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Executive Summary

Business opportunity for sale including two buildings and one commercial zoned lot. Main building is approximately 6000 sq feet which, includes a steel building attached to the main building at approximately 4000 sq feet with a total of 10000 sq feet of retail space. There is a commercial vacant lot which set to the south of the main building that is approximately 10000 sq feet included in the sale. The sale also includes a long time running hardware store which has severed many local businesses for over thirty years. This location is waiting for the next entrepreneur to serve two prisons, city, Boswell one of the largest farmers in the state, local farmers and the Corcoran citizens.

Property Facts

Sale Type

Investment

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Freestanding

Building Size

8,026 SF

Building Class

Year Built

1950

Price

$999,000

Price Per SF

$124.47

Tenancy

Single

Building Height

1 Story

Building FAR

0.33

Lot Size

0.56 AC

Opportunity Zone

Yes

Major Tenants

Retailer
-
-
-

The company traces its roots to 1948, when John Cotter founded Cotter & Company as a retailer-owned business. In the early 1960s, Cotter acquired the True Value trademark, and the business evolved into a hardware wholesale and brand network for independent retailers. Today, the company focuses on hardlines wholesale operations and supplies hardware, home improvement, lawn and garden, and related merchandise. Its business model also includes marketing programs, product availability support, and services designed to help independent store operators run and grow their businesses.

Tenant	Industry	SF Occupied	Rent/SF			Lease End
	Retailer	-	-			-

1 1

Map
Traffic

Fairly walkable

40/100

Exceptionally drivable

100/100

Limited public transit

30/100

Fairly bikeable

40/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 032-033-007-000 032-033-008-000 032-033-009-000	Improvements Assessment	$124,409
Land Assessment	$78,348	Total Assessment	$202,757