$510,000
$600,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
7,540 Sqft Lot
SOLD DATE : 05/01/2023
Key Details
Sold Price $510,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81910086
Sold Date 05/01/23
HOA Y/N No
Lot Size 7,540 Sqft
Property Description
Paved parking lot that is leased to Mark's Hot Dogs on a month-to-month basis. The current rent is $24,000 per year, triple net, which is below market. This is an opportunity to increase the rent to market and sign a long-term lease with the tenant. Or, the site can be redeveloped with residential uses. The general plan is Residential Neighborhood. Excellent traffic counts and demographics.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning Pedestrian Commercial
Interior
Fireplace No
Exterior
Fence Wood
Building
Water Public
Schools
School District Other
Others
Tax ID 48420078
Financing Seller Financing
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Bought with RECIP • Out of Area Office