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18389 Main St Jamestown, CA 95327

Sponsored
For Sale
$690,000

High-traffic location, two-building complex.

Property size:
7,089 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional mixed-use investment opportunity in Jamestown, CA, presents a compelling proposition for owner-users. Located at 18389 & 18395 Main St, this property boasts a prime location on Highway 108, enjoying high visibility with an annual average daily traffic count of 15,600 vehicles, peaking at 19,200. The property comprises two buildings totaling 7,089 square feet on a nearly one-acre lot (0.93 acres) with two APNs: 003-101-035 and 003-101-024-000. The main building, a 5,275 square foot warehouse, is currently leased until October 31, 2024, under a gross lease. The second building, a 1,814 square foot home, completely renovated in 2023, is also leased until October 31, 2024. Both buildings contribute to the property's 100% occupancy rate, achieved on September 1, 2023. The property features a new asphalt parking lot and benefits from a C-1 General Commercial and HDP Historic Design Preservation zoning designation. The asking price is $690,000, representing a price per square foot of $108.62 and a 7.25% cap rate, with a current NOI of $50,000. The property's strategic location near the under-construction Chicken Ranch Casino presents significant redevelopment potential. This is a rare opportunity to acquire a well-positioned, income-producing asset in a growing area. The property was built in 1936 and underwent renovations in 2023. The two-story building is classified as Class C.

Property Features for 18389 Main St

General Information

Property type
Individual retail properties
Square Feet
7,089 SF
Class
C
Lot Size
40,511 SF

Building Details

Year Built/Renovated
1936/2023
Buildings
1
Stories
2
Units
2

HighLights

  • $690,000 asking price for this mixed‑use, owner‑user investment opportunity.
  • 7,089 square feet on a 0.93‑acre lot in Jamestown, CA.
  • 100% occupied with two tenants; gross leases expiring October 31, 2024.
  • 7.25% cap rate with a $50,000 net operating income (NOI).
  • Two buildings: a 5,275 SF warehouse and an 1,814 SF renovated home, both on two separate APNs (003‑101‑035; 003‑101‑024‑000).
Property Profile Location Intelligence

Current Use by Public Records

jamestown feed Truck Rental Agency U-Haul Neighborhood Dealer Truck Rental Agency Jamestown Hay & Feed Farm Equipment Supplier

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Jamestown
County
Tuolumne
State
California
Longitude
-120.42149632
Latitude
37.95669818

FAQs

What type of property is this?
Individual retail property - High-traffic location, two-building complex.
Where is this individual retail property located?
The property is located at 18389 Main St Jamestown, CA.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: $690,000 asking price for this mixed-use, owner-user investment opportunity.; 7,089 square feet on a 0.93-acre lot in Jamestown, CA.; 100% occupied with two tenants; gross leases expiring October 31, 2024.
More about this property
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