310 Walsh Ave, Hamilton City, CA 95951

Exceptional investment opportunity: a 22,200-square-foot single-story warehouse in Hamilton City, CA. This property, located at 310 Walsh Ave, 95951, boasts a substantial 0.98-acre lot and offers a projected annual net operating income (NOI) of $242,360, resulting in a compelling pro-forma capitalization rate of 22.44%. Built in 1950 and renovated in 2017, the building is currently vacant and zoned M (M-Industrial), providing flexibility for various industrial or warehouse uses. The asking price is $1,080,000, translating to $48.65 per square foot. Features include 20 parking spaces and a gross lease structure. Previously used as a skate ball event center, this property presents a unique chance for owner-users or investors seeking strong returns. The property's assessed parcel number (APN) is 032-092-006-000. A potential gross rent of $266,400 is projected based on a $1 per square foot rate. This is a single-unit property.