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- LoopNet Team
1416-1420 Mitchell Rd
Ceres, CA 95307
Office Property For Sale

INVESTMENT HIGHLIGHTS
- ADT 45,229 Mitchell Rd
- High Ceilings
- Seller Financing Available
- Frontage Rd Visibility
- Built in 2007
EXECUTIVE SUMMARY
Two executive office buildings/condos for sale in Ceres Commerce Center Business Park. These beautiful condos offers Mitchell Rd frontage road visibility with high traffic counts and plenty of on-site parking. Built in 2007 these class B buildings offer 9 ft wood doors, kitchenettes, mens and women's bathrooms in each unit, tall ceilings and natural light. Each building parcel is 3000 sq ft. Zoned MX-2 for Medical & Professional Offices and Mixed Use. (Part of the Mitchell Rd. Corridor Specific Plan). Buyer to check with the city of Ceres for all zoning and allowable uses. (Plan Use Table attached). Association management approval for intended use will also be required. Seller financing may be available with minimum 25% down payment. Buildings parcels may be sold separately for $600,000 each or together for $1,200,000. Building 1416 A & B is 3000 total sq ft. (1500 sq ft. each unit) offers slate tile floors, upgraded carpet and tall ceilings. 1416-A is leased to long term tenant. 1416-B is leased to State Farm Insurance. This unit has a lobby with 5 offices, a kitchenette, two bathrooms. Total monthly income is $4200.00. Perfect for investors with a cap rate of 8.4%. Building 1420 is a vacant 3000 sq ft. open floor plan with exposed high ceilings, side fenced private patio area and new laminate wood flooring. Currently in escrow.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Central Heating
- High Ceilings
- Natural Light
- Air Conditioning
Listing ID: 18062693
Date on Market: 12/31/2019
Last Updated:
Address: 1416-1420 Mitchell Rd, Ceres, CA 95307
The Office Property at 1416-1420 Mitchell Rd, Ceres, CA 95307 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
