$665,000

270 N 5th St, Coalinga, CA 93210

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5,124 sqft · $130/sqft · 0.13 acres

Commercial Sale · Commercial · Built 1991 · 219 days on Properkey

Description

This fully leased multi-tenant retail building is a prime investment opportunity for buyers seeking residual income and a well-located commercial property. Ideally situated on a beautiful tree-lined street in the heart of Downtown Coalinga, the property benefits from strong visibility and a vibrant surrounding business district.The front downstairs space features approximately 2,400 sq. ft. of turnkey restaurant space, currently leased, with seating capacity for up to 60 guests. Also located on the ground floor is a full-service beauty salon offering approximately 1,600 sq. ft., which is also currently leased.Upstairs, the property includes three private office suites, one of which is presently leased to a computer service business, providing additional rental income potential.Recent improvements to the property and surrounding area include rear parking, a covered back arbor, ornamental street lighting, and landscaping enhancements completed by the City of Coalinga, adding both convenience and curb appeal.The property is being sold as-is, offering an excellent opportunity for investors looking to acquire an income-producing commercial property in a desirable downtown location.

Agent & source

Listed by
Taylor Monroy-Cisneros
Brokerage
London Properties, Ltd.
DRE
#02203203
MLS # 645246 Source FRESNO

Property details

Property Features

Possible Use
  • Office
  • Restaurant
  • Restaurant-Fast Food
  • See Remarks
Lot features
Urban
Road
Interstate

Building & Construction

Roof
Flat

Exterior & Parking

Parking
Open parking, On Street

Interior & Comfort

Heating
Yes
Cooling
Central Heat/Cool

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
Master Meter

Nearby

Active Pending Closed Rental

School information not available for this property.

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