Opportunity to purchase a 2,965 SF industrial building on a 61,855 SF industrial lot, with 55,220 SF fenced. This versatile property is ideal for various industrial and outdoor storage uses. It presents an excellent opportunity for an owner-user or a developer looking to generate passive income on the dirt. The income from the outdoor contractor storage or Boat & RV storage lot can significantly offset carrying costs.
For developers, this property offers a great covered land play, providing substantial income during the entitlement process for a higher and better use. It’s an ideal site for constructing industrial buildings or mini-storage facilities. See page 6 for an example of what could be built on-site, subject to City approval.
Price: $1,950,000
Land Size: 61,855 SF (1.42 acres)
Fenced Yard: 55,220 SF (1.26 acres)
Building Size: 2,965 SF
APN: 028-102-002
Zoning: I (Industrial)
Ceilings: 15.5’ - 19.5’
Restrooms: One
Parking: Currently 6 striped spaces, including 1 ADA
Loading: (1) 12’ H x 14’ W roll-up; (1) 14’ H x 9.5’ W sliding door
Year Built: 1951
Environmental: Clean Phase I as of 8/22/20
Conditional-Use Permit: 57 RV/Boat spaces