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4001 Ingot Street, Fremont, CA

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4001 Ingot Street

Fremont, CA 94538 - Fremont East of 880 Submarket

Property Type:Retail Sub Type:Auto Repair Status:Existing Year Built:1980
Building Size:10,000 SF Land Area:.65 AC (28,314 SF)
For Sale Price:$3,250,000 Price/SF:$325.00
Cap Rate:5.40 %
Parking:Free Surface spaces are available; Ratio of 2.8/1,000 SF
Features:Corner Lot, Central Employment Area

This building is assessed on 4001 Ingot St, but another side of the building uses 45081 Fremont Blvd.

Sale Notes:
Prime investment opportunity for owner user of a auto repair business or auto body business. The property is currently zoned WSI-1 according to the city of Fremont. Current zoning allows for retail, auto repair, auto body, retail, and industrial manufacturing. Existing retail tenant is on a month to month lease and is willing to continue leasing their premises. They currently pay $5,000 per month rent and all their utilities. The existing owners have been at this location operating a auto repair shop and auto body shop for the past 5 years with a good client base. The auto body shop has a paint booth and the repair shop has two lifts. These are personal property and the seller would sell these at a reasonable price to a new buyer. Possible assumption of the existing loan.

Rosndub Realty
Joseph Scannell
(650) 619-6384

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