18389 Main St Jamestown, CA 95327
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High-traffic location, two-building complex.
Property size:
7,089 SFProperty 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
Listing Agency: All Terrain Realty Listing Agent: Peter Schimmelfennig
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Insight Report
Location Intelligence
Current Use by Public Records
jamestown feed
Car Rental Facility
U-Haul Neighborhood Dealer
Car Rental Facility
Jamestown Hay & Feed
Big Box & Wholesale Store
Location Insight
- Map
- Local Demand
- City
- Jamestown
- County
- Tuolumne
- State
- California
- Longitude
- -120.42149632
- Latitude
- 37.95669818
Nearby Similar for Sale
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.
