355 W Las Palmas Ave - Office/Residential FOR SALE


Patterson, CA 95363- Downtown Patterson
$875,000 USD
209-996-4672
355 W Las Palmas Ave, Patterson, CA for Sale
$875,000 USD
Office/Residential - FOR SALE
1/54
null | 5.2% Cap Rate

355 W Las Palmas Ave
Patterson, CA 95363
Downtown Patterson


HIGHLIGHTS

  • Downtown Core Zoning
  • Historic Building
  • Leased
  • Conference Room
  • Private Courtyard
  • Historic Grand Entry

OVERVIEW

Introducing the historic Carnegie Professional Building, a remarkable gem nestled in the heart of downtown Patterson. This one-of-a-kind property, centrally located and zoned for the downtown core, offers endless potential for entrepreneurs, professionals, and investors alike. With its stucco over brick exterior and Classical Revival architecture, the Carnegie Building stands as a testament to timeless elegance. Boasting six separate offices and a central conference room, this space is perfect for businesses seeking a harmonious blend of privacy and collaboration. What truly sets this property apart is its fantastic visibility and accessibility. Situated in a prime downtown Patterson location, it captures the attention of passersby while ensuring easy access for clients and employees. And the best part? The City of Patterson is poised for immense growth with a planned annexation that will bring 5086 new residential units to the area, guaranteeing a steady stream of potential customers. Don't miss out on this incredible opportunity to own a piece of Patterson's history while capitalizing on its promising future. Take the leap and make the Carnegie Professional Building your next strategic investment. Schedule a visit today and envision the endless possibilities that await you!

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carnegie Professional Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

Downtown core

APN/PARCEL ID

131-14-28

ASK ABOUT THIS PROPERTY

George MacMasterMountain Valley PropertiesMore Info
209-996-4672

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George MacMasterMountain Valley PropertiesMore Info
209-996-4672

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