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    200 E Oak Street

    Fort Bragg, CA 95437
    • $1,195,000
    • STATUS: Active
    • ON SITE: 91 days
    • ID#: 22019777
    UPDATED: 23 min ago
    $1,195,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $239
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Wonderful historic building located on a prominent and busy corner location! A mixture of commercial and residential. Downstairs is a distinguished bar and dance area that could provide excellent income for weddings, parties, and other events once that becomes possible. In addition, there are six residential units. All residential units are fully occupied. Five parking spaces for tenants are available on the alley. Being zoned general commercial in town provides a myriad of opportunities for use. The owner estimates that with the potential income from the commercial rental spaces plus the residential units, the gross income could be approximately $8075 per month. Come take a look at this great investment property opportunity!

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    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2020-11-25T14:56:05.863.
    www.showcaseproperties.com/homes/109365457
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    200 E Oak Street Fort Bragg, CA 95437

    • Price: $1,195,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: 22019777
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,000
    SQFT
    $239
    $/SQFT
    1900
    Built
    Neighborhood:
    Coastal Mendocino
    County:
    Mendocino
    Area:
    Coastal Mendocino
    Property Description
    Wonderful historic building located on a prominent and busy corner location! A mixture of commercial and residential. Downstairs is a distinguished bar and dance area that could provide excellent income for weddings, parties, and other events once that becomes possible. In addition, there are six residential units. All residential units are fully occupied. Five parking spaces for tenants are available on the alley. Being zoned general commercial in town provides a myriad of opportunities for use. The owner estimates that with the potential income from the commercial rental spaces plus the residential units, the gross income could be approximately $8075 per month. Come take a look at this great investment property opportunity!
    Exterior Features

    Dock Doors 0 Exterior Wood Foundation Slab Location Downtown Lot Description Corner Parking On StreetPrivate Lot Parking Spaces 5 Road Frontage City Street Roof Composition Structures Mixed Use Bldg

    Interior Features

    Floor Number 0 Floors CarpetedVinyl/Linoleum Heat Cool Electric Industrial Sq Ft 0.00 Min Avail Sq Ft 0.00 Miscellaneous Meeting FacilityRestroom Private Office Sq Ft 0.00 Offices 0 Percent Office 0 Restrooms 0 Retail Sq Ft 0.00 Stories 2 Story Tenant Allow Fixed 0.00 Tenant Allow Sq Ft 0.00 Tenant Sq Ft 0.00 Walls Sheetrock Warehouse Sq Ft 0.00

    Property Features

    Auction No Buildings 0 Cap Rate 6.20 City Transfer Tax No City Transfer Tax Rate 0.00 Close To HospitalRestaurantsShopping Commercial Type Mixed Use Condition Exterior-FairInt-Good Construction Status Completed Current Use MixedResidential Est Insurance Exp 104.00 Est Maintenance Exp 0.00 Est Management 200.00 Est Misc Expenses 0.00 Est Net Income 73986.00 Est Taxes 1262.00 Est Total Annual Exp 20976.00 Est Utilities Exp 0.00 GRM 12.33 Gross Income Incl Rents Gross Scheduled Inc 96900.00 Lease Deposit 0.00 Load Factor CAM 0 Maximum Lease Yrs 0 Minimum Lease Yrs 0 Monthly Expenses 0.00 Monthly Income 8075.00 New Construction Or Resale Resale Sewer Septic Sewer Public Square Footage Source Not Verified Tenants 6 Transaction Type Sale Utilities Cable AvailableElectricSatellite DishTelephone Vacancy Factor 0.00 Water Source Water Public Year Built Source Owner Zoning General Commercial

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of David Coddington of Engel & Voelkers Coastal Mendocino.


    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2020-11-25T14:56:05.863.
     
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