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Executive Summary
On a prominent, high-visibility corner in the Laguna District, this industrial/retail building is perfectly positioned along the Haley corridor be¬tween the two main retail arteries in town: State and Milpas streets. High flexibility for an owner-user given the versatile C-M zoning and open layout. Recent improvements include a new roof and sewer lateral.
Sale Price: $2,950,000
Lease Rate: $2.75 NNN (.29) (ground floor only)
Building Size: Ground floor 4,594 SF
Lot Size: 5,227 SF
Lease Term: 3-5 years
APN: 031-291-001
Zoning: C-M (Commercial/ Manufacturing)
Occupancy: Vacant
Roll-Up Doors: Four, ground-level
Ceiling Height: 13’, up to 20’ to underside of pitched roof
Restrooms: One, private
Showings: CLA
Sale Price: $2,950,000
Lease Rate: $2.75 NNN (.29) (ground floor only)
Building Size: Ground floor 4,594 SF
Lot Size: 5,227 SF
Lease Term: 3-5 years
APN: 031-291-001
Zoning: C-M (Commercial/ Manufacturing)
Occupancy: Vacant
Roll-Up Doors: Four, ground-level
Ceiling Height: 13’, up to 20’ to underside of pitched roof
Restrooms: One, private
Showings: CLA
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,690 SF
Building Class
B
Year Built
1930
Price
$2,950,000
Price Per SF
$383.62
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.54
Lot Size
0.11 AC
Zoning
CM
Frontage
Amenities
- Corner Lot
- Storage Space
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- A-Smog-It
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| A-Smog-It | Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 4,594 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,594 SF | Industrial | - | Now |
1st Floor
| Size |
| 4,594 SF |
| Space Use |
| Industrial |
| Position |
| - |
| Available |
| Now |
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 031-291-001 | Improvements Assessment | $705,465 |
| Land Assessment | $540,856 | Total Assessment | $1,246,321 |
Property Taxes
Parcel Number
031-291-001
Land Assessment
$540,856
Improvements Assessment
$705,465
Total Assessment
$1,246,321
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