28 S American ST Active Save Request In-Person Tour Request Virtual Tour
Stockton,CA 95202
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224096545
Year Built 1925
Lot Size 5,001 Sqft
Property Description
Stellar Income,Cash Cow! Incredible Performimg Asset! 3 Story Complex of approximately +- 15,000 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 Residential 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 +- $22,700.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Income of $272,400.00; 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. Note: DON'T DELAY! BUILD YOUR FINANCIAL SECURITY! INCREASE YOUR WEALTH!
Location
State CA
County San Joaquin
Area 20801
Interior
Heating Varies by Unit,Other
Cooling Varies by Unit,Other
Flooring Tile,Combo of Materials,Vinyl,Varies by Unit,Linoleum
Exterior
Garage 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 Water District,Public
Others
Special Listing Condition Offer As Is