0.21 acres | #SN24192787
Description
*PRICE REDUCTION* Presenting 575 East Avenue, a prime 4-unit retail building located on a prominent corner at the intersection of East Avenue and El Paso Way. This property boasts excellent visibility and high-traffic exposure, making it an ideal investment opportunity for those looking to establish a presence in a bustling commercial area. This key location attracts a diverse customer base and offers tenants access to a steady stream of potential customers from its high visibility location, the adjacent walkable neighborhood, and even public transit stops located across El Paso Way. Recently remodeled and currently undergoing interior improvements, this building offers a blend of modern updates and strong potential for income growth. Two of the four units are currently occupied at recently increased rents, providing immediate cash flow. The remaining two units are vacant and actively listed at market rents, offering an opportunity to further increase the property's income potential.
Property Details
- Utility FeaturesElectricityConnected, PhoneConnected, SewerConnected, WaterConnected, OverheadUtilities
- Lot DescriptionTwoToFiveUnitsAcre, CornerLot, Level, NearPublicTransit
- MLS #SN24192787
- MLS #SN24192787
- Property TypePurchase
- Original List Price$375,000
- Utility SourcePublic
- Taxes Annual$2,869
- Cost339900
- Property SubtypeRetail
- CountyButte
- Acres0.21
- Year Built1954
- Stories1
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Austin Barron (#SN157011044)
Listing Office: Century 21 Select Real Estate, Inc. (#CHJEFFR)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
