19881 State Highway 88 - Office/Residential FOR SALE


Pine Grove, CA 95665
$999,999 USD
209-304-5674
19881 State Highway 88, Pine Grove, CA for Sale
$999,999 USD
Office/Residential - FOR SALE
1/156
null | 9.02% Cap Rate

19881 State Highway 88
Pine Grove, CA 95665


HIGHLIGHTS

  • 5,317 SF building
  • 40 storage units (sizes vary)
  • 5 office/retail spaces
  • 2 residential apartments
  • Highway 88 street frontage
  • Renovated in 2017

OVERVIEW

DON'T MISS THE OPPORTUNITY TO OWN THIS INCREDIBLE INVESTMENT PROPERTY! Prime commercial investment opportunity in the heart of Pine Grove, CA! This meticulously maintained property is perfectly situated right off Highway 88, offering excellent street frontage and high visibility. Spanning 0.88 acres, this versatile property boasts 5,317 sq. ft. of office, retail, apartment, and restaurant space, along with 40 income-generating storage units. The restaurant space is newly vacant, up to code, freshly painted, and ready for its next tenant. Above the restaurant, you'll find a spacious one-bedroom apartment. Additionally, an office space has been beautifully converted into a one-bedroom apartment, creating even more rental income potential. The property includes a dance studio, two fully leased medical offices with long-term tenants, and two vacant office spaces ready to be leased or customized to fit your needs. With multiple revenue streams, an unbeatable location, and a well-cared-for infrastructure, this is an incredible investment opportunity. Whether you're looking to expand your portfolio or establish a business in a prime commercial hub, this property offers endless possibilities. Don't miss outschedule your private showing today!

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$188 USD /SF

CAP RATE

9.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

C1

APN/PARCEL ID

030-191-007-000

ASK ABOUT THIS PROPERTY

Kandi ThompsonBerkshire Hathaway HomeServices Divine PropertiesMore Info
209-304-5674

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Kandi ThompsonBerkshire Hathaway HomeServices Divine PropertiesMore Info
209-304-5674

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.