255 Apollo Way
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255 Apollo Way
32,500 SF 100% Leased Industrial Building Hollister, CA 95023 $6,400,000 ($197/SF)
Investment Highlights
- Roof replaced in July 2021
- 3 separate gas meters
- HOA for exterior common area landscaping
- Building divided into 3 units
- 2 separate electric meters 1600 amps 277/480v (Buyer to verify)
Executive Summary
Welcome to a rare investment opportunity in the heart of Hollister, featuring an industrial building with exceptional amenities and potential. Strategically located in a bustling industrial zone, this property offers lucrative prospects for investors and businesses alike. Situated in the city of Hollister, this industrial building enjoys easy access to major transportation routes, ensuring convenient connectivity for logistics and distribution operations. The building is divided into three units, providing versatility for multiple tenants or varied operational needs. With 33 designated parking spaces, accommodating employees and visitors is hassle-free. Equipped with modern utilities, including separate gas and electric meters, the building offers flexibility and efficiency in utility management. The electrical service is rated at 1600 amps 277/480v (Buyer to verify), ensures ample power supply for industrial operations. Committed to
safety standards, the building is fully sprinklered and insulated, providing a secure environment for occupants and assets. Additionally, fiber connectivity ensures reliable communication and data transmission capabilities. The HOA oversees common area landscape maintenance, ensuring a well-kept exterior. Zoned as M1 for light industrial use, the property presents versatile opportunities for manufacturing, warehousing, or distribution purposes. Spanning across 2.25 acres of land, the property provides ample outdoor space
for parking, maneuvering, and potential expansion opportunities
safety standards, the building is fully sprinklered and insulated, providing a secure environment for occupants and assets. Additionally, fiber connectivity ensures reliable communication and data transmission capabilities. The HOA oversees common area landscape maintenance, ensuring a well-kept exterior. Zoned as M1 for light industrial use, the property presents versatile opportunities for manufacturing, warehousing, or distribution purposes. Spanning across 2.25 acres of land, the property provides ample outdoor space
for parking, maneuvering, and potential expansion opportunities
Property Facts Under Contract
| Price | $6,400,000 | Rentable Building Area | 32,500 SF |
| Price Per SF | $197 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1986 |
| Property Type | Industrial | Clear Ceiling Height | 17 FT |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 2.25 AC |
| Price | $6,400,000 |
| Price Per SF | $197 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.25 AC |
| Rentable Building Area | 32,500 SF |
| No. Stories | 1 |
| Year Built | 1986 |
| Clear Ceiling Height | 17 FT |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 4 |
Amenities
- Fenced Lot
- Signage
PROPERTY TAXES
| Parcel Number | 051-154-006-000 | Improvements Assessment | $1,589,612 |
| Land Assessment | $418,318 | Total Assessment | $2,007,930 |
PROPERTY TAXES
Parcel Number
051-154-006-000
Land Assessment
$418,318
Improvements Assessment
$1,589,612
Total Assessment
$2,007,930
zoning
| Zoning Code | M-1 (M-1 Light Manufacturing) |
| M-1 (M-1 Light Manufacturing) |
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255 Apollo Way
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