Prime Commercial Investment Opportunity in Garden Acres, Stockton, CA
Address: 4400 East Washington Street, Stockton, CA 95215
Price: $900,000
Discover an exceptional investment opportunity in the heart of Stockton’s thriving Garden Acres neighborhood. Situated on a prominent corner lot, this versatile commercial property offers both immediate income potential and long-term growth.
Property Features:
- Building Size: 2,660 square feet
- Lot Size: 7,004 square feet
- Current Tenants: Two established tenants providing a steady rental income of $1,133 and $2,250 per month
- Parking: Two designated handicap parking spaces
- Roof: Modern slanted design
- ADA Compliance: Not currently ADA compliant, presenting an opportunity for future upgrades
Financial Details:
- 2023 Property Tax: $3,565
- Tax Assessment: $283,013
Location Highlights:
- Neighborhood: Garden Acres – A community-oriented area with locally-owned businesses, schools, and community centers
- Accessibility: Just 50 miles from Sacramento and the Bay Area, with easy access to major highways, making it an ideal location for attracting business
Investment Potential: This commercial property is perfect for investors seeking a stable income with the potential for property appreciation. With its strategic location and existing tenants, 4400 East Washington Street offers a solid foundation for future growth. The opportunity to enhance ADA compliance and make other improvements could further increase the property’s value.
Don’t Miss Out! Priced at $999,999, this property represents an excellent investment in a dynamic neighborhood. Contact us today to schedule a private showing and explore the possibilities this prime commercial space offers.
