16360 State Highway 175 , Cobb, CA 95426
Cobb, CA 95426
Description
COBB VILLAGE CENTER strip mall in the heart of Cobb on the main highway. Three office or retail spaces, 1 brm apartment, storage area and 2 room log cabin for additional office or retail space. Next to year round Kelsey Creek for a restful picturesque setting. The gas station on the other side and a short walk to post office, supermarket, pizza restaurant and coffee shop. Large parking area and good sign visibility. Upgrading needed in parts. Storage Area of 450sf could be additional office or retail space for greater return. Only one office rented currently though until recently a 20 year history of no vacancy. Compelling potential for unbeatable rental return once upgraded estimated at 16% annually with modest annual income estimated at $48,000.
Details
| MLS# | LC25004174 |
|---|---|
| Listing Type | For Sale |
| Style | Other Business Opportunity |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 98 |
| Listing Provided By | Timothy Toye and Associates 707-928-6900 | Timothy Toye |
Features
| SQ Feet | 2,650 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Building(s) | 2 |
| Acreage | 0.69 |
| Golf Course | Yes |
| Water Front | Yes |
Market Activity 95426
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Learn More About This Property
| State | CA |
|---|---|
| County | Lake |
| City | Cobb |
| Zip Code | 95426 |
| Area | LCCOB Cobb |
| Listing VS Median (In 95426) | |
Price: $225,000 low | high Med: $322,000 SqFt: 2,650 low | high Med: 1,425 $ / SqFt: $85 low | high Med: $234 On site: 98 low | high Med: 51.000000 | |