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    1241 Broadway Ave Atwater, CA 95301

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    For Sale
    $1,250,000

    Mixed-use property with retail and residential income potential.

    Property size:
    6,160 SF
    Lot size:
    0.10 Acres

    Property Features for 1241 Broadway Ave

    General Information

    Size
    6,160 SF
    Lot size
    0.10 Acres

    Source: Colliers | Stockton Agent Andy Hodgson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Atwater Mixed-Use Investment

    Located in Downtown Atwater, 1241 Broadway presents an investment opportunity with income and potential for growth. The property features three upgraded 2-bedroom units, each approximately 840 square feet, and one studio apartment of approximately 560 square feet. Additionally, there is a 3,080 square foot retail space currently leased to Furniture One. Recent renovations include new flooring, kitchens, and bathrooms. Residential rents range from $1,450 to $1,650 for the two-bedroom units and $1,150 for the studio. The property's location on Broadway provides frontage and a diversified income stream. The property size is 6,160 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Furniture One Furniture Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atwater
    County
    Merced
    State
    California
    Longitude
    -120.609179
    Latitude
    37.347005

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    FAQs

    What type of property is this?
    Retail space - Mixed-use property with retail and residential income potential.
    Where is this retail space located?
    The property is located at 1241 Broadway Ave Atwater, CA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime Downtown Atwater location with high Broadway frontage.; - Diversified income stream from residential and retail tenants.; - Recent renovations minimize near-term capital expenditures.
    (209) 475-5100
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    1241 Broadway Ave Atwater, CA 95301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1241 Broadway Ave Atwater, CA 95301
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