644 Railroad Ave, Atwater, CA 95301

Property Description

PRICE REDUCED $500,000 (Now $32.11 / SF) COMPARE TO ANY OTHER WAREHOUSE /INDUSTRIAL PROPERTY CURRENTLY ON THE MARKET. 3 Bldgs.(610 & 644 Railroad Ave. & 920 High St) on 2 parcels, 003-160-023 (644 Railroad) & 003-160-024 (610 Railroad + 920 High St.) 644 Railroad is a fully sprinklered 50,280 SF metal bldg. with insulated exterior walls, raised exterior truck dock & multiple grade level roll-up doors. Has small office, 1,200 AMP electrical service, paved yard area with perimeter fencing (6' chain link with barbed wire above) and there is a ground lease to a cell tower ($760.44 / mo.). 15+ year tenant recently moved and bldg. is available for lease for $15,000/month ($.30/SF) NNN. 610 Railroad is a 4,000 SF Bldg. that has insulated walls, is sprinklered and has an ADA RR. Current month-to month tenant that has occupied bldg. since 2011 and pays $1,800/mo. ($.45/SF) rent (Industrial Gross). 920 High Street is an 8,000 SF fully insulated metal warehouse bldg. that has MTM tenant that pays $3,200/mo. ($.40/SF) rent (industrial Gross). All 3 bldgs. have good access to and visibility from Hwy 99. Property is zoned B-P (Business Professional) which allows cannabis related businesses (Buyer to verify with the City of Atwater whether this property qualifies for Buyer's specific intended cannabis related business). All three buildings on the two parcels are for sale together for $2,00,000 ($32.11 / SF) and 644 is also available for lease for $15,000/month ($.30/SF) NNN.