3640 Main St Cottonwood, CA 96022
- Investment properties
- 960 SF
- 5.24 lot acres
Current Use by Public Records
- Investment properties
Property Details for 3640 Main St
- Year built
- 1979
- Construction
- WOOD
- Lot size
- 5.24 lot acres
- Property size
- 960 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 088-160-073-000
- APU
- 88160073000
Description
This exceptional 5.24-acre mixed-use property presents a unique investment opportunity in Cottonwood, CA. Ideally situated on Main Street, the property boasts four rental units generating immediate income: three residential units and one commercial space. The residential units comprise a double-wide mobile home with three bedrooms and two bathrooms, a small single-family home featuring one bedroom and one bathroom, and a single-wide mobile home with two bedrooms, one bathroom, and a detached garage. The commercial unit, previously a doughnut shop, offers versatile potential for various businesses. Each unit is individually metered for electricity and natural gas, simplifying utility management and maximizing efficiency. The expansive lot allows for significant future development, with the possibility of constructing additional buildings while maintaining the existing rental income stream to offset construction costs. This property offers a blend of immediate return on investment and substantial long-term growth potential, making it an attractive proposition for savvy investors seeking a diversified portfolio. The existing structures are in place and generating income, minimizing initial investment risk. The prime Main Street location ensures high visibility and accessibility, further enhancing the property's value and appeal. This is a rare opportunity to acquire a substantial mixed-use property in a desirable location with immediate income potential and significant upside.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Cottonwood
- County
- Shasta
- State
- California
- Longitude
- -122.282
- Latitude
- 40.3932
- CBSA code
- 39820
- CBSA name
- REDDING, CA METROPOLITAN STATISTICAL AREA