32938 Road 222

    North Fork, CA 93643
    • $400,000
    • STATUS: Active
    • ON SITE: 53 days
    • ID#: MP18149752
    UPDATED: 187 min ago
    $400,000
    • 0
      BEDS
    • 0.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,216
      SQFT
    • $64
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    If you are looking for an investment that has shown to be robust and reliable, and with a cap rate greater than 7.25, then call for an appointment to see this mixed use professional building in downtown North Fork. With over 6,000 square feet, the building houses four units on the lower level and two very large residential apartments above. A large medical services provider leases three of the four ground floor units, and a wellness services provider is in the fourth. Both on-street and rear parking are available. North Fork is about 15 minutes from Oakhurst, and about 45 minutes from Fresno. Call today to schedule your appointment to visit.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T19:32:22.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.dscvrproperties.com/homes/84955864

    32938 Road 222 North Fork, CA 93643

    • Price: $400,000
    • Status: Active
    • Updated: 187 min ago
    • ID#: MP18149752
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.47
    Acres
    6,216
    SQFT
    $64
    $/SQFT
    Neighborhood:
    YG50 - North Fork
    County:
    Madera
    Area:
    YG50 - North Fork
    Property Description
    If you are looking for an investment that has shown to be robust and reliable, and with a cap rate greater than 7.25, then call for an appointment to see this mixed use professional building in downtown North Fork. With over 6,000 square feet, the building houses four units on the lower level and two very large residential apartments above. A large medical services provider leases three of the four ground floor units, and a wellness services provider is in the fourth. Both on-street and rear parking are available. North Fork is about 15 minutes from Oakhurst, and about 45 minutes from Fresno. Call today to schedule your appointment to visit.
    Exterior Features

    Lot Features Level With StreetPaved Lot Size Source Assessor Lot Size Units Acres

    Interior Features

    Condo Area Units Square Feet Laundry Features Inside

    Property Features

    Additional Parcels YN No Anchors Co Tenants 1 Asset Class Multi-FamilyOfficeRetail Building Area Units Square Feet Building Status Existing Business Type Barber/BeautyCommercialHealth ServicesMedicalProfessional/Office Country Us Effective Gross 41200 Expense Year 2017 Gross Scheduled Income 43200.00 Insurance Expense 3500.00 Investment Property YN Yes Land Lease YN No Land Use Multi-FamilyOfficeRetail Laundry YN Yes Leasable Area Units Square Feet Lease Considered YN No Maintenance Expense 2500.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 29410.00 Number Of Units Leased 5 Occupancy Occupied Operating Expense 11790.00 Property Sub Type Mixed Use Real Estate Tax Expense 1890.00 Special Listing Conditions Standard Vacancy Allowance 2000 Vacancy Allowance Rate 0.05 Water Sewer Expense 3900.00 Water Source Public

    Listing provided courtesy of Tolley Gorham of Mariposa Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T19:32:22.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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