CA > Cobb
Cobb, CA 95426,16360 State Highway 175
Cobb, CA 95426,16360 State Highway 175
Cobb, CA 95426,16360 State Highway 175
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Listed by Timothy Toye • Timothy Toye and Associates
$215,000
Est. payment /mo
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2,650 SqFt
Pending

16360 State Highway 175 Cobb, CA 95426

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Violet Sinclaire

Violet Sinclaire

+1(415) 713-9420

UPDATED:

Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Pending

Purchase Type For Sale

Square Footage 2,650 sqft

Price per Sqft $81

MLS Listing ID CRLC25004174

HOA Y/N No

Year Built 1950

Lot Size 0.690 Acres

Property Sub-Type Comm Ind For Sale

Source Datashare California Regional

Property 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. Seller will consider 3% in buyer's concessions at closing.

Location

State CA

County Lake

Interior

Heating Wall Furnace, Propane

Cooling Window Unit(s)

Fireplace No

Building

Water Public

Bay East AOR and Contra Costa AOR
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Violet Sinclaire

Agent | CA DRE #01990089

+1(415) 713-9420

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