Current Use by Public Records
- Retail properties & Spaces
Property Details for 270 Coalinga Plz
- Year built
- 1991
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional mixed-use property, located at 270 Coalinga Plaza in Coalinga, California (zip code 93210), presents a compelling investment opportunity. The 5,124 square foot building, constructed in 1991, sits on a 5,500 square foot lot and boasts a 100% occupancy rate with long-term tenants. The property features a desirable mix of retail and office space, perfectly situated in the heart of downtown Coalinga, near banks, libraries, shopping centers, and other professional offices. The ground floor comprises approximately 2,400 square feet of turnkey restaurant space with seating for up to 60 patrons, currently under lease, and an additional 1,600 square feet of leased space occupied by a full-service beauty salon. The upper floor offers three private offices. Recent upgrades enhance the property's appeal, including a new roof, a new air conditioning unit, rear parking, a covered arbor, and attractive landscaping provided by the City of Coalinga. This net-lease investment offers a strong return with a price per square foot of $151.25 and an asking price of $665,000. The seller is willing to finance. The property's prime location and strong tenant base make it an ideal addition to any investment portfolio. APN: 07213120.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coalinga
- County
- Fresno
- State
- California
- Longitude
- -120.361
- Latitude
- 36.1402
