2901 Apron Ave - Warehouse FOR SALE


Atwater, CA 95301
$5,100,000 USD
209-483-5969
2901 Apron Ave, Atwater, CA for Sale
$5,100,000 USD
Warehouse - FOR SALE
1/21
null | Request Cap Rate

NEW


2901 Apron Ave
Atwater, CA 95301


HIGHLIGHTS

  • Recent Capital Improvements Completed to Roof and Structure.
  • Rail-served Distribution/manufacturing Warehouse With Excess Paved Land
  • Located in Merced County’s Castle Commerce Center (Recently Awarded $49.6m Grant)
  • Desirable Features: 2 Rail Spurs, 5 Rail Doors, 7 Dock-high Doors, 3, Ramp Doors, Fire Sprinklers, & 10-ton Bridge Cranes
  • Owner-user or Investment Opportunity With Promising Potential for Appreciation and/or Stable Rental Income

OVERVIEW

Marcus & Millichap has been selected to exclusively market for sale 2901 Apron Avenue, Atwater, CA, a single ±76,110 square foot industrial warehouse situated on ±5.06-acres of paved land. The building has several desirable features including two (2) rail spurs with direct access into the building via five (5) rail-doors, seven (7) dock-high doors, three (3) ramp doors, fire sprinklers, and multiple cranes which can be removed or sold with the building. In addition, the ownership has recently completed several capital improvements to the building including roof and structure.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

UTILITIES

Gas, Water, Sewer

CLEAR CEILING HT

24 Ft

DOCKS

7

DRIVE INS

18

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.06

LAND SF

220,414

ZONING

A-M

APN/PARCEL ID

051-010-007

ASK ABOUT THIS PROPERTY

Abdullah SulaimanMarcus & MillichapMore Info
209-483-5969

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Abdullah SulaimanMarcus & MillichapMore Info
209-483-5969

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