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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$225,000
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0.69 Acres Lot
Price Dropped by $10K

16360 State Highway 175 Cobb, CA 95426

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Nathan King Real Estate Group

Nathan King Real Estate Group

+1(559) 396-0000

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID LC25004174

HOA Y/N No

Year Built 1950

Lot Size 0.690 Acres

Property Sub-Type Business

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.

Location

State CA

County Lake

Area Lccob - Cobb

Interior

Heating Propane, Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Utilities Available Cable Connected, Electricity Connected

Waterfront Description Creek

Roof Type Composition

Present Use Commercial

Total Parking Spaces 20

Building

Lot Description Gentle Sloping, On Golf Course, Street Level

Story 1

Water Public

Others

Tax ID 01305601

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Notice Of Default, Short Sale


California Regional MLS (CRMLS)
Listed by Timothy Toye • Timothy Toye and Associates • 707-928-6900

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agent

Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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