323-327 W Canal Dr - Freestanding FOR SALE


Turlock, CA 95380
$889,000 USD
916-271-3309
323-327 W Canal Dr, Turlock, CA for Sale
$889,000 USD
Freestanding - FOR SALE
1/17
null | Request Cap Rate

323-327 W Canal Dr
Turlock, CA 95380


HIGHLIGHTS

  • One of the Iconic building in Turlock.

OVERVIEW

Conveniently located across from Turlock Town Center, this commercial property offers excellent potential for both owner use or as an investment opportunity. The building can be divided into three separate spaces for lease, two of which include workshops with roll-up doors. It features multiple offices and three bathrooms, two of which are ADA-compliant. For the past 25 years, the property has been fully leased, with both tenants currently on month-to-month agreements. The building is currently divided into two units: one is occupied by Kickhouse, which rents 51% of the space for $2,950 per month, and the other by a church, which rents for $2,750 per month. Both rental rates are significantly below market value due to long-term tenant relationships with the Seller. This property offers substantial upside potential, whether by increasing rents or reconfiguring the space for additional tenants.

FOR SALE DETAILS

PRICE

$889,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Team X Treme

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Distribution, Showroom, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C-H, Turlock

APN/PARCEL ID

042-008-019-000

ASK ABOUT THIS PROPERTY

Kay WatsonTSG Commercial Real EstateMore Info
916-271-3309

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Kay WatsonTSG Commercial Real EstateMore Info
916-271-3309

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