416 2nd St Calexico, CA 92231-2843
- Office buildings
- 3,062 SF
- 0.19 lot acres
Dec 21, 2022
Current Use by Public Records
- Valley Auto Insurance Brokers / Insurance Agency
- Cabral Pedro CEO / Law Firm
- Roma Services / Tax Preparation
- PARALEGALES / Law Firm
- Divorcios Calexico / Law Firm
Property Details for 416 2nd St
- Year built
- 1998
- Construction
- WOOD
- Lot size
- 0.19 lot acres
- Property size
- 3,062 SF
- Property type
- Office buildings
- APN
- 058-533-006-000
- APU
- 58533006000
Description
This exceptional investment opportunity presents a fully leased six-unit commercial office building situated in the heart of Calexico, California. The property, located at 416 2nd Street, boasts a prime location just three blocks from the US/Mexico International border, offering significant exposure to the vibrant downtown Mexicali market. The 0.19-acre lot houses a building currently generating passive income through six fully occupied office spaces. Tenants represent a diverse range of professional services, including immigration services, insurance agencies, medical transportation companies, and a phone company, ensuring a stable and diversified income stream. A convenient parking lot is located at the rear of the building for tenant and visitor use. The property's strong tenant base and strategic location near the international border present significant potential for future growth and appreciation. Detailed financial information, including expense sheets, rental income statements, and lease terms, is available upon request. This is an ideal opportunity for investors seeking a stable, high-return commercial property with minimal management requirements. The property's current occupancy and established tenant base provide immediate cash flow, making it an attractive investment in a dynamic border region.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Calexico
- County
- Imperial
- State
- California
- Longitude
- -115.493
- Latitude
- 32.6664
- CBSA code
- 20940
- CBSA name
- EL CENTRO, CA METROPOLITAN STATISTICAL AREA