List Search

1231-1241 Broadway Ave
Atwater, CA 95301

$1,199,000 USD

Storefront Retail Residential For Sale  •  6,160 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 8,000 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1920
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning Community Commercial
0 Transit Score
86 Walk Score

Highlights

Diversified Unit Mix: One ground-floor retail unit and four residential units (three 2BD/1BA and one studio), providing stable mixed-use income stream
Residential RUBS Potential: Opportunity to implement a Ratio Utility Billing System (RUBS) to reduce landlord-paid utility expenses.
Historic Character with Renovations: Renovated upper-floor units within a historic asset, blending charm with functional income performance.

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Furniture One 3/12/2027

Public Transportation

Commuter RailDriveWalkDistance
13 min - 8.8 mi
Andy Le, M.B.A. 209-471-6358 First Commercial Real Estate
Andy Le, M.B.A. 209-471-6358 First Commercial Real Estate