1300 Broadway Ave Atwater, CA 95301
- Commercial real estate
- 0.13 lot acres
Current Use by Public Records
- California Hall & Community Center / Wedding Venue / Event Venue
- Old Town Skating Rink / Ice Skating Rink
Property Details for 1300 Broadway Ave
- Lot size
- 0.13 lot acres
- Property type
- Commercial real estate
- APN
- 002-208-009-000
- APU
- 2208009000
Description
This exceptional 7,000 square foot Class A commercial property is situated at 1300 Broadway Avenue, Atwater, CA 95301, at the intersection of Broadway and 4th Street, within Atwater's historic downtown business district. The single-tenant building, situated on a 6,000 square foot lot, underwent a complete renovation in 2020, offering modern and versatile space. Its zoning designation is Downtown Business District (APN 002-208-009-000). The property is ideally suited for a variety of uses, including traditional office, executive office, coworking, medical office, and creative office spaces. The building itself is a single structure with no elevators. This prime location offers excellent visibility and accessibility, making it an attractive opportunity for businesses seeking a prominent presence in Atwater's thriving downtown core. The property type is classified as Retail, Office, and Special Purpose.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $230,000
- 6.5%
- $240,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $225,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $210,000
- Retail
- $190,000
- Mixed-Use
- $190,000
- Hospitality
- $230,000
- Educational
- $245,000
- Residential Income
- $215,000
- Energy
- $185,000
- Income-Based Land
- $240,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Atwater
- County
- Merced
- State
- California
- Longitude
- -120.61
- Latitude
- 37.3471
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA