$2,200,000
( $1306.41Per Sq Foot )
 $11,810 est/mo Sourced by Back At You

430 S 1st Street , King City, CA 93930

King City, CA 93930

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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.

Details

MLS#ML81969185
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1936
Days On Site95
Listing Provided ByRemax Property Experts 831-751-6900 | Starlette Gadomski-Sanchez

Features

SQ Feet1,684
Story(s)1
ZoningC2
Acreage0.92
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 3 minutes ago
StateCA
CountyMonterey
CityKing City
Zip Code93930
Area699 Not Defined
Listing VS Median (in 93930)
Price:
$2,200,000
low | high
Med:
$829,500
100% of Average
SqFt:
1,684
low | high
Med:
5,895
100% of Average
$ / SqFt:
$1,306
low | high
Med:
$233
100% of Average
On Site:
95
low | high
Med:
390.000000
24.358974358974% of Average
Sourced by Back At You
Listing Updated: September 8, 2024 at 2:50:37 PM PDT