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https://www.londonproperties.com/property/link/fresno/645246/270-N-5Th-St/Coalinga/https://www.londonproperties.com/images/props/fresno/full/645246.jpgLondon Properties Coalinga Real Estate | 270 N 5Th St
Courtesy of Taylor Monroy-Cisneros, London Properties, Ltd. - [email protected]
This fully leased multi-tenant retail building is a prime investment opportunity for buyers seeking residual income and a well-located commercial property. Ideally situated on a beautiful tree-lined street in the heart of Downtown Coalinga, the property benefits from strong visibility and a vibrant surrounding business district.The front downstairs space features approximately 2,400 sq. ft. of turnkey restaurant space, currently leased, with seating capacity for up to 60 guests. Also located on the ground floor is a full-service beauty salon offering approximately 1,600 sq. ft., which is also currently leased.Upstairs, the property includes three private office suites, one of which is presently leased to a computer service business, providing additional rental income potential.Recent improvements to the property and surrounding area include rear parking, a covered back arbor, ornamental street lighting, and landscaping enhancements completed by the City of Coalinga, adding both convenience and curb appeal.The property is being sold as-is, offering an excellent opportunity for investors looking to acquire an income-producing commercial property in a desirable downtown location.
Property Type
Commercial
Property Subtype 1
Office
Property Subtype 2
Other
Year Built
1991
Region
Urban
Potential Use
General Office, Restaurant, Restaurant-Fast Food, See Remarks
Price Per Square Foot
$130
Price Per Acre
$5,115,385
Days On London
91
Cumulative Days On London
242
County
Fresno
REO / Bank Owned
No
Cross Street Address
Elm
Directions
From Hwy 198, head south on N 5th St toward downtown Coalinga. Continue past E Polk St. Property will be on the right-hand side.
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Last modified 2 months ago Fresno MLS last checked for updates 53 minutes ago
The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.