Nick Sadek Sotheby's International Realty
Kelly Okimoto, Nick Sadek Sotheby's International RealtyPhone: (916) 335-3185
Email: [email protected]
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listing
1 of 35
CommercialFor Sale
$1,489,990
28 S American St, Stockton, CA 95202-3001
Stockton, CA 95202
Listed by: Intrust Properties, Inc., 8478849
MLS: MetroList - Sacremento
15,000Sq Ft
Est. Mortgage
$7,791/mo

Stellar Income,Cash Cow! Incredible Performimg Asset! 3 Story Complex of approximately +- 15,000 Sq. Ft., plus basement which is not calulated in the Public Record square footage, that may be approximatley +- perhaps an additional 5,000 Sq. Ft. with approximately 10,000.00 +- Sq. Ft. in use, with 29 Residential Units, which according to Seller, are almost 100% occupied, which is Subject To Change, Without Notice. Furthermore, at this time, according to Seller, the Approximate Monthly Targeted Income of the Subject Property is projected to be potentially approximately +- $22,700.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Income of $272,400.00; coupled with a potential bottom floor opportunity for substantially more income, from an additional Bottom-Story Development/Build-out of 5,000 +- approximate Sq. Ft., of Residential/Store Fronts, contingent upon approval from Stockton Municipality Enforcement Entities, that have jurisdiction regarding aforementioned. Close to shopping, transit, dinning, coffee shops,etc., coupled with easy convenient Freeway access. Note: DON'T DELAY! BUILD YOUR FINANCIAL SECURITY! INCREASE YOUR WEALTH!

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Courtesy of Intrust Properties, Inc.
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