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Investment Highlights
- ±6,600 SF Vacant Space Available to Lease or Owner-User Opportunity
- Existing Rental Income from Two Occupied Suites
- Surrounded by Established Residential Neighborhoods and Businesses
- Excellent SBA Owner-User Opportunity
- Prominent Corner Location with Strong Visibility
- California ABC Type 20 (Off-Sale Beer & Wine) License Available with the Property
Executive Summary
This is a rare opportunity to acquire a highly visible corner commercial property in Waterford, a market with extremely limited commercial inventory. Positioned at the intersection of F Street and Bentley Street, the property benefits from excellent exposure along one of the city's primary commercial corridors.
The property features a fully built-out vacant supermarket with a kitchen, providing an ideal owner-user opportunity with immediate occupancy potential. The vacant space is also available for lease, offering flexibility for prospective tenants seeking a move-in-ready retail or food-service location. In addition, the property includes a barbershop and a bakery/coffee shop that generate steady rental income of $3,250 per month on a Modified Gross basis.
This flexible investment allows a buyer to occupy the supermarket space for their own business while benefiting from existing cash flow or alternatively lease the vacant space to maximize returns. With its strong visibility, corner location, established tenant base, and value-add potential, the property presents a compelling opportunity for both investors and owner-users seeking long-term growth in a supply-constrained market.
The property features a fully built-out vacant supermarket with a kitchen, providing an ideal owner-user opportunity with immediate occupancy potential. The vacant space is also available for lease, offering flexibility for prospective tenants seeking a move-in-ready retail or food-service location. In addition, the property includes a barbershop and a bakery/coffee shop that generate steady rental income of $3,250 per month on a Modified Gross basis.
This flexible investment allows a buyer to occupy the supermarket space for their own business while benefiting from existing cash flow or alternatively lease the vacant space to maximize returns. With its strong visibility, corner location, established tenant base, and value-add potential, the property presents a compelling opportunity for both investors and owner-users seeking long-term growth in a supply-constrained market.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,644 SF
Building Class
C
Year Built
1965
Price
$1,095,000
Price Per SF
$102.87
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.35
Lot Size
0.69 AC
Zoning
C-2
Parking
6 Spaces (0.56 Spaces per 1,000 SF Leased)
Frontage
105’ on F St
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 134-07-86 | Improvements Assessment | $223,101 |
| Land Assessment | $223,101 | Total Assessment | $446,202 |
Property Taxes
Parcel Number
134-07-86
Land Assessment
$223,101
Improvements Assessment
$223,101
Total Assessment
$446,202
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