$ 2,200,000
430 S 1st ST King City, CA 93930
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,200,000
Est. payment /mo
Active
430 S 1st ST King City, CA 93930
1,684 SqFt
UPDATED:
09/30/2024 06:19 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,684 sqft
Price per Sqft $1,306
MLS Listing ID ML81969185
HOA Y/N No
Year Built 1936
Annual Tax Amount $9,441
Lot Size 0.920 Acres
Acres 0.92
Property Description
Prime Commercial Property with High Growth Potential. Discover an exceptional investment opportunity in King City! Desirable property zoned General Commercial C2, offers ample room for expansion and is situated in a high-traffic area perfect for development. Steady Income Stream: The property is fully leased, ensuring immediate rental income. Ozzy's Mini Mart: Occupies the 1,648 sq. ft. main building. City of King City: Leases the garage and approximately 50% of the lot for van storage and maintenance. Growth Potential: The generous lot size and flexible zoning allow for future expansion, offering opportunities to increase rental income and property value. Strategic Location: Positioned in a high-visibility, easily accessible area, this property is ideally located on a major thoroughfare into and out of King City. Listing includes the sale of Ozzy's Mini Mart, providing an established business & extra income source. A rare find with its combination of a steady income stream, significant growth potential, and strategic location. Whether you're looking to expand existing operations or develop new commercial spaces, this property offers a unique and profitable opportunity.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning C2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Flat,Tar/Gravel
Total Parking Spaces 20
Building
Story 1
Water Public
Others
Tax ID 026242004000
Security Features Window Bars
Listed by Starlette Gadomski-Sanchez • Remax Property Experts