258 Pne St, Exeter, CA 93221-1750

This exceptional owner-user or investment opportunity presents a freestanding retail building in Exeter, CA, totaling approximately 3,000 square feet on a 0.17-acre lot (approximately 7,414 square feet). Located at 258 W Pine St, 93221, this property boasts three units, offering flexible configurations ranging from approximately 1,000 to 2,100 square feet, with the potential to combine spaces for larger tenants via existing connecting doors. Each unit features a wide-open area, a storage room, and private restrooms. Currently, one unit is occupied, and two are available for lease at a pro forma rate of $1.25 per square foot per month, generating a pro forma NOI of $30,664 and a 6.81% cap rate. The asking price is $450,000, translating to $150 per square foot. The property is zoned CS-Service Commercial and benefits from excellent visibility, ample street parking directly in front, and convenient access between CA-65 and CA-198, near major traffic generators on W Visalia Rd. This well-maintained building presents a strong investment opportunity in an underserved market with high demand for small retail spaces. The property's features include quality construction, economical spaces, and easy-to-rent units, requiring minimal management or maintenance. The property's APN is 135-101-013.