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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