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For Sale property id: 70739313
USD 4,150,000 Mortgage Calculator
USD 4,150,000
105 S Main Street, Templeton, California, United States
  • 1219.90981824 m²
  • Land Size
    4168.18779264 m²

Description

A prime downtown retail investment in Templeton Ca. This is a rare opportunity in a growing medical, wine, and higher education community. New hotels are arriving, with expansions to local colleges, and potential developments like the Paso Spaceport, that is in partnership with Cal Poly. This property comes fully leased with multiple long term leases and tenants that are drivers in the community. Numerous tenant and landlord renovations have taken place over the past two years. Painting, roofing, new black top, two new murals, in addition to three tenant renovations. Occupancy is at 100%. 30 parking spaces. 2023 new renovations.Occupancy is at 100%. Level street lot of over 40,000 sq ft. Near Public Transit, Sprinklers, value is in the land. Al Utilities are connected.30 Parking spaces on site.New roof 2022, new paint 2023, Multiple 5-10 year triple net leases. 11 tenants. 100% occupied. Strong rental history even during Covid.1031 Exchange at no cost to buyer.

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