13433 Yosemite Boulevard

Description

This is your opportunity to acquire approximately 2.44 acres featuring a tire shop and a fixer-upper diner, complete with a preliminary site plan for development. The proposed plan includes 9 residential parcels on the north side, and either a 2,700 sq ft commercial building with ample parking, or use of the existing structures with additional parking. Currently, the property hosts a tire business, a vacant diner with drive-thru potential, and rental spaces for a mobile home and RV. The south side of the property is zoned Highway Commercial (CH) with approximately 258 feet of frontage, while the north side is zoned Residential Single (RS) with access via Skyline Blvd. The City of Waterford is open to rezoning for high-density residential use and encourages innovative land utilization. Currently generating $2,625 per month in rental income, this property presents a promising investment opportunity. Phase I environmental assessment is available. Located directly across from the gated community of River Pointe on CA-132, this property benefits from high visibility and traffic from CA-132, which serves as a major route to Modesto Reservoir and local lakes.