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534 5th St
Orange Cove, CA 93646
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • ±2,065 SF Leased and ±1,800 SF
  • SBA Loan Candidate w/ Built In Passive Income
  • Upside in Leasing Potential or Owner/User
  • Excellent Owner/User with Passive Income, or Investment
  • (2) Existing Long-Term Tenants In Place
  • Well-Known Freestanding Office Building @ Corner Location

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
3,865 SF
Building Class
C
Year Built/Renovated
1946/2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.27 AC
Zoning
M-U - Mixed Use
Parking
5 Spaces (1.29 Spaces per 1,000 SF Leased)
Frontage
87’ on 5th

ABOUT 534 5TH ST , ORANGE COVE, CA 93646

±3,865 SF consisting of 3 quality suites (2 are set up as rental units, with separate electric meters; 1 unit is occupied by the owner of the building). Freestanding building off Park Blvd offering various configurations, set on 2 lots, with an additional lot to expand on or for additional parking. Front ±3,115 SF Building split into (2) Spaces, approx. 1800 sf & 1300 sf + a rear ±750 SF Studio Apartment. Units are MTM allowing an owner to either occupy or extend existing leases. The larger ±1,800 SF (60’ x 30’) is currently used for a printing business with 110/220 electric service. The Print Shop consists of a front showroom, rear storage, with sheet rock ceiling throughout. Adjacent is a leased space consisting of a 25 seat congregation church plus a rear children's daycare/Sunday school room and a ADA restroom leased for $600/month. The rear apartment is a studio apartment with a full kitchen, restroom, and open room rented for $600/month. The large back yard area is fenced/gated for privacy and security in the rear of the building. Great SBA candidate. Minimal Landlord responsibilities of taxes, basic utilities (water/sewer/trash) and insurance - all tenants pay for their own electricity, and there is minimal landscaping to maintain in the back yard - with several palm trees and shade trees.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
375-191-17
Land Assessment
$42,642
Improvements Assessment
$85,348
Total Assessment
$127,990
  • Listing ID: 16506901

  • Date on Market: 7/2/2019

  • Last Updated:

  • Address: 534 5th St, Orange Cove, CA 93646

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