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1200 Broadway Avenue

Atwater, CA 95301
  • $1,450,000
  • STATUS: Active
  • ON SITE: 397 Days
  • ID#: MC20226358
$1,450,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,375
    SQFT
  • $101
    $/SQFT
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Listing Agent: Ernie Ochoa of Cb Commercial, Gonella Realty


Description

Here is your opportunity to purchase some of Atwaters history, the iconic old Passadoris Appliance, Electronics and Furniture store! This commercial property has not been offered for sale in roughly more than 90 years. Located in Atwaters Downtown Business District and within the "Opportunity Zone of Atwater. You are surrounded by many long-standing locally owned and nationally owned businesses, a few blocks from Hwy 99 and Hwy 140. Just on the other side of the freeway, you have the Applegate Ranch Retail center that offers about 450,000 square feet of retail space. This site is in the heart of downtown Atwater, zoned Central Commercial and it would be perfect for any type of retail, restaurant, brewery, gym, an event venue or downtown living units. The space is demised into 2 spaces, the corner side offers roughly 7,300 +/- sq ft of open retail space, very high ceilings, window retail view on both sides, a 2,600 +/- sq ft basement with lighting, a mezzanine upper level that measures roughly 10x112 feet, a break room, and office space with an antique built-in large safe and counter space. The 2nd space is roughly 7,020 gross sq ft, a mezzanine upper level that is 4,054 +/- sq ft, warehouse space for storage in the back, very high ceilings, and is currently under lease with Habitat For Humanity of Merced County. This property is truly a gem, dont miss out on this excellent opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T00:25:34.81. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
www.necolrealty.com/homes/111561558
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1200 Broadway Avenue Atwater, CA 95301

  • Price: $1,450,000
  • Status: Active
  • On Site: 397 Days
  • ID#: MC20226358
0
Beds
0
Baths
0
½ Baths
0.33
Acres
14,375
SQFT
$101
$/SQFT
1950
Built
County:
Merced
Property Description
Here is your opportunity to purchase some of Atwaters history, the iconic old Passadoris Appliance, Electronics and Furniture store! This commercial property has not been offered for sale in roughly more than 90 years. Located in Atwaters Downtown Business District and within the "Opportunity Zone of Atwater. You are surrounded by many long-standing locally owned and nationally owned businesses, a few blocks from Hwy 99 and Hwy 140. Just on the other side of the freeway, you have the Applegate Ranch Retail center that offers about 450,000 square feet of retail space. This site is in the heart of downtown Atwater, zoned Central Commercial and it would be perfect for any type of retail, restaurant, brewery, gym, an event venue or downtown living units. The space is demised into 2 spaces, the corner side offers roughly 7,300 +/- sq ft of open retail space, very high ceilings, window retail view on both sides, a 2,600 +/- sq ft basement with lighting, a mezzanine upper level that measures roughly 10x112 feet, a break room, and office space with an antique built-in large safe and counter space. The 2nd space is roughly 7,020 gross sq ft, a mezzanine upper level that is 4,054 +/- sq ft, warehouse space for storage in the back, very high ceilings, and is currently under lease with Habitat For Humanity of Merced County. This property is truly a gem, dont miss out on this excellent opportunity!
Exterior Features

Construction Materials StuccoWood Siding Lot Features Corner LotRectangular Lot Sign On Property YN Yes

Interior Features

Cooling Central Air Cooling YN Yes Heating CentralNatural Gas Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Electric Electricity - On Property220 Volts Gross Scheduled Income 32672 Insurance Expense 1996 Land Lease YN No Laundry Features None Lease Considered YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanLease OptionOwner May Carry Net Operating Income 23146 Number Of Units Leased 1 Operating Expense 9526 Property Sub Type Retail Security Features Security System Special Listing Conditions Standard Trash Expense 1536 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected Water Sewer Expense 1560 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T00:25:34.81. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
 
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Realty ONE Group Southwest
41463 Margarita Rd. Suite 100
Temecula CA, 92591
Listing Agent: Ernie Ochoa of Cb Commercial, Gonella Realty