32 S American ST Pending Save Request In-Person Tour Request Virtual Tour
Stockton,CA 95202
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 224126052
Year Built 1925
Lot Size 5,001 Sqft
Property Description
Stellar Income,Cash Cow! Performimg Asset! 3 Parcels,with 34 units combined includes 34 S. American St.,which is 5 Units+basement, Approx. +-5101 Sq.Ft. Coupled with a 3 story 15,000 Sq.+- Sq.Ft.,plus basement,which is not calulated in the Public Record square footage,that may be approximatley+-perhaps,an additional 5,000 Sq.Ft. with approximately 10,000.00+- Sq. Ft.in use, with 29 Units,which according to Seller,are almost 100% occupied,which is Subject To Change,without Notice.Furthermore,at this time,according to Seller,the Approximate Monthly Targeted Income of the Subject Property is projected to be potentially approximately +- $23,900.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Targeted Income of $286,800.00; coupled with a potential bottom floor opportunity for substantially more income,from an additional Bottom-Story Development/Build-out of 5,000 +- approximate Sq. Ft.,of Residential/Store Fronts,contingent upon approval from Stockton Municipality Enforcement Entities,that have jurisdiction regarding aforementioned. Close to shopping, transit, dinning,coffee shops,etc.,coupled with easy, convenient Freeway access.INCREDIBLE OPPORTUNITY TO BUILD YOUR FINANCIAL SECURITY AND INCREASE YOUR WEALTH!
Location
State CA
County San Joaquin
Area 20801
Interior
Heating Varies by Unit,Other
Cooling Varies by Unit
Flooring Tile,Combo of Materials,Vinyl,Varies by Unit,Linoleum
Exterior
Parking Features Street,Uncovered,Other
Utilities Available Varies by Unit,Other
Roof Type Tar/Gravel,Other
Building
Lot Description Low Maintenance,Curbs/Gutters,Sidewalk,Storm Drain,Street Lights
Story 3
Foundation Combination, Other
Sewer Sewer Connected,Public Sewer
Water Meter on Site,Water District,Public
Others
Special Listing Condition Offer As Is