Business center for rent on Road 192, Poplar, CA

Value-add Opportunity: (2) buildings on (2) APN's totaling ±5600 SF with separate electric meters. Includes a ±3,600 SF commercial building (former open retail store) and a ±2,000 SF Apartment/Home. (2) freestanding buildings with Road 192 frontage offering various configurations. The commercial building offers an open environment for various commercial business uses. The house/apartment has consistently rented for $600/month in the past, but most recently was offered $700 from multiple applicants. Great SBA candidate. Total pricing of $150K is broken down as $85K for the “retail/office” ($135K retail value minus $50K of estimated improvements), and $65K for the adjacent home (9% Cap Rate based off $700/month in potential rent).

Highlights

• ±3,600 SF Retail/Office and ±2,000 SF House/Apartment

• Excellent Owner/User with Passive Income, or Investment

• SBA Loan Candidate w/ Built In Passive Income

• Upside in Leasing Potential or Owner/User Occupancy

• Well-Known Freestanding Building | Separate Meters

• Open Retail/Office, Private Rooms, Multiple Entrance Points

• Ample Parking and Mature Landscaping

• Ethernet/Phone Connections & High Speed Internet Ready

• Secure, Private, Established Location w/ Quality Tenant Mix

• Convenient Location In Central Area of Town

• 2 Separate APN’s w/ Open Lot Available For Parking/Expansion