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20705 South Street

Tehachapi, CA 93561
  • $1,150,000
  • STATUS: Active
  • ON SITE: 111 Days
  • ID#: SR22088285
UPDATED: 29 min ago
$1,150,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,384
    SQFT
  • $180
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2008
County:

School Ratings & Info

Description

What a great find! This well kept, newer, commercial building checks all the boxes, whether you are a first time investor, owner occupied investment buyer or looking for a 1031 Tax Deferred Exchange. Not only is the Pro-Forma cap rate a desirable 6%, but the building is an attractive, Contemporary Architectural Design. Building Design offers south facing doors and corridors to minimize winter weather concerns, large storefront windows and plenty of parking, and is both attractive and functional. Each suite is equipped with full restroom facilities and a kitchenette plus all units are separately metered for gas and electricity. Interiors offer extended ceiling heights and great lighting. This one of kind opportunity does not come along often in the Tehachapi Area. Be sure to set your showing appointment early for the best opportunity to secure this great offering. Please DO NOT disturb tenants.

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Based on information from CRISNet MLS as of 2022-08-19T16:58:41.67. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-08-19T16:58:41.67. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/128199290
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20705 South Street Tehachapi, CA 93561

  • Price: $1,150,000
  • Status: Active
  • On Site: 111 Days
  • Updated: 29 min ago
  • ID#: SR22088285
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,384
SQFT
$180
$/SQFT
2008
Built
Neighborhood:
Thp - Tehachapi
County:
Kern
Area:
Thp - Tehachapi
Property Description
What a great find! This well kept, newer, commercial building checks all the boxes, whether you are a first time investor, owner occupied investment buyer or looking for a 1031 Tax Deferred Exchange. Not only is the Pro-Forma cap rate a desirable 6%, but the building is an attractive, Contemporary Architectural Design. Building Design offers south facing doors and corridors to minimize winter weather concerns, large storefront windows and plenty of parking, and is both attractive and functional. Each suite is equipped with full restroom facilities and a kitchenette plus all units are separately metered for gas and electricity. Interiors offer extended ceiling heights and great lighting. This one of kind opportunity does not come along often in the Tehachapi Area. Be sure to set your showing appointment early for the best opportunity to secure this great offering. Please DO NOT disturb tenants.
Exterior Features

Construction Materials BlockStucco Fence YN No Fencing None Parking Total 24.00 Roof AsphaltTile Topography Flat Uncovered Spaces 24.00

Interior Features

Cooling Central Air Cooling YN Yes Heating CentralNatural Gas Heating YN Yes

Property Features

Additional Parcels YN No Building Status Existing Business Type Administrative And SupportBarber/BeautyChurchDance Studio Electric Expense 0.00 Gross Scheduled Income 87000.00 Insurance Expense 2400.00 Investment Property YN Yes Land Use IndustrialOffice Laundry Features None Laundry Income 0.00 Net Operating Income 59000.00 Number Of Units Leased 6 Number Of Units Total 7 Operating Expense 16000.00 Property Sub Type Office Real Estate Tax Expense 11900.00 Retail Center Type Mixed Use Special Listing Conditions Standard Tax Year 2021 Total Expenses 16000.00 Total Monthly Rent 7000 Trash Expense 0.00 Utilities Natural Gas ConnectedPhone ConnectedWater Connected Vacancy Allowance 12000 Water Sewer Expense 0.00 Water Source Public Zoning M-1

Listing provided courtesy of Diana Williams, CA DRE# 00986318, of Re/Max Tehachapi, Inc..


Based on information from CRISNet MLS as of 2022-08-19T16:58:41.67. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-08-19T16:58:41.67. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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