931 Main St 10,000 SF 100% Leased Flex Building Fortuna, CA 95540 $995,000 ($99.50/SF) 8.84% Cap Rate
INVESTMENT HIGHLIGHTS
- Main Street Fortuna
- Downtown Residential Apartments
- Established Retail
EXECUTIVE SUMMARY
REAL ESTATE ONLY - DO NOT DISTURB The TENANTS -Solid Income stream on this Main Street Commercial building. 9 apartments and 4 Retail spots at street level. Building generates approximately $12,000 per month gross rents. Water/Sewer/PG&E metered separately. Strong Income for holding purposes. Deferred maintenance which the list price reflects. Contractor/ Investor Special. REAL ESTATE ONLY - DO NOT DISTURB The TENANTS. Call listing agent for more details.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$144,000
|
$14.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$144,000
|
$14.40
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
1 of 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 040-183-006-000 | Improvements Assessment | $717,448 (2024) |
| Land Assessment | $170,814 (2024) | Total Assessment | $888,262 (2024) |
