Active
28 S American Street
Stockton CA, 95202
$1,489,990
$99.33 per sqft
Active
15,000 sqft
Commercial
Built in 1925
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!
224096545
MLSⓇ ID
August 31, 2024
Listed
October 4, 2024
Updated
Map
28 S American Street
Stockton CA, 95202
Interior Features
Total Stories
3
Interior Features
Tile, Vinyl, Linoleum
Floor Description
Tile, Vinyl, Linoleum
Fireplace
No
Cooling
Yes
Cooling Description
Varies by Unit, Other
Heating
Yes
Heating Description
Varies by Unit, Other
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
Level
Roof
Tar/Gravel, Other
Sewer
Public Sewer
Other Property Details
Garage
No
Parking
Other, On Street
View
No
County
San Joaquin
Water Source
Public
Pool
No
Zoning
CD/Universal Land Use/Stores/Residential
Courtesy of Intrust Properties, Inc., James Burkett,
Listing Contact:
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