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1416-1420 Mitchell Rd
Ceres, CA 95307
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • ADT 45,229 Mitchell Rd
  • High Ceilings
  • Seller Financing Available
  • Frontage Rd Visibility
  • Built in 2007

EXECUTIVE SUMMARY

Two executive office buildings/condos for sale in Ceres Commerce Center Business Park. These beautiful condos offers Mitchell Rd frontage road visibility with high traffic counts and plenty of on-site parking. Built in 2007 these class B buildings offer 9 ft wood doors, kitchenettes, mens and women's bathrooms in each unit, tall ceilings and natural light. Each building parcel is 3000 sq ft. Zoned MX-2 for Medical & Professional Offices and Mixed Use. (Part of the Mitchell Rd. Corridor Specific Plan). Buyer to check with the city of Ceres for all zoning and allowable uses. (Plan Use Table attached). Association management approval for intended use will also be required. Seller financing may be available with minimum 25% down payment. Buildings parcels may be sold separately for $600,000 each or together for $1,200,000. Building 1416 A & B is 3000 total sq ft. (1500 sq ft. each unit) offers slate tile floors, upgraded carpet and tall ceilings. 1416-A is leased to long term tenant. 1416-B is leased to State Farm Insurance. This unit has a lobby with 5 offices, a kitchenette, two bathrooms. Total monthly income is $4200.00. Perfect for investors with a cap rate of 8.4%. Building 1420 is a vacant 3000 sq ft. open floor plan with exposed high ceilings, side fenced private patio area and new laminate wood flooring. Currently in escrow.

PROPERTY FACTS

Property Type Office
Property Subtype
Loft/Creative Space
  • Flex Showroom
  • General Retail Storefront Retail/Residential
  • Office Medical
Building Class B
Lot Size 0.46 AC
Rentable Building Area 6,000 SF
No. Stories 1
Year Built/Renovated 2007/2019
Parking Ratio 3.33/1,000 SF
APN / Parcel ID
039-68-06
  • 039-68-07
Zoning MX-2 - Zoned MX-2 for Medical & Professional Offices, Mixed Use.

AMENITIES

  • 24 Hour Access
  • Security System
  • Signage
  • Central Heating
  • High Ceilings
  • Natural Light
  • Air Conditioning
  • Listing ID: 18062693

  • Date on Market: 12/31/2019

  • Last Updated:

  • Address: 1416-1420 Mitchell Rd, Ceres, CA 95307

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