$ 1,500,000
8722 N State Route 99 E Fr Road HWY Stockton, CA 95212
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,500,000
Est. payment /mo
Active
8722 N State Route 99 E Fr Road HWY Stockton, CA 95212
0.78 Acres Lot
UPDATED:
02/10/2024 07:32 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 223023370
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1987
Lot Size 0.780 Acres
Acres 0.78
Lot Dimensions 195 x 261 x 271 x75
Property Description
Introducing Stevens Motel, a lucrative investment opportunity located at the Hammer Lane exit off Highway 99 in the desirable Morada neighborhood of Stockton, California. With its prime location and high occupancy rate of 90%, this 14-unit motel is a cash flow generator. The property features a well-maintained fenced yard, providing ample space for storage or future expansion. The motel also includes 17 paved parking spots with ADA spaces for added convenience. Each of the 14 units offers 1 bedroom and 1 bathroom, with five units equipped with full kitchens (all units are plumbed for full kitchens). Additionally, there is a spacious 2 bedroom, 1 1/2 bath manager's apartment on-site. Situated just outside the City of Stockton limits, Stevens Motel benefits from excellent visibility from the Golden State Highway (99). The property also boasts solar power and a commercial water well. Stockton, the 11th largest city in California, is home to a growing population and is easily accessible via major highways and a deepwater inland port. The city's strategic location, combined with its affordable real estate and logistics hub status, make it an ideal choice for investors. Don't miss out on this incredible opportunity to own Stevens Motel located at the Hammer Lane exit of Highway 99.
Location
State CA
County San Joaquin
Area 20706
Direction Take Highway 99 to Stockton
Location Details Other
Interior
Heating Other
Cooling Other
Flooring Other
Exterior
Garage See Remarks
Utilities Available Other
Water Access Desc Well
Roof Type Other
Building
Sewer Septic Connected
Water Well
Others
Senior Community No
Tax ID 085-300-04
Special Listing Condition None
Listed by Mountain Valley Properties
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