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Key Details
Sold Price $1,440,000
Property Type Commercial
Sub Type Commercial Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $400
MLS Listing ID ML81931168
Sold Date 08/18/23
Year Built 1970
Lot Size 0.397 Acres
Property Description
Rare Opportunity to own one of the best properties in the The Jewel of the Valley in Downtown Ripon! Absolute Triple Net lease. Net income $84,000 at 5.61 Cap Rate. Tenant is responsible for all cost including property and structure. Tenant a National Bank. NYSE: BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. N
Location
State CA
County San Joaquin
Area Ripon
Zoning c
Interior
Heating Central Forced Air - Gas
Cooling Central AC
Flooring Carpet, Concrete, Other
Exterior
Exterior Feature None
Garage Common Parking Area, Drive Through
Utilities Available Public Utilities
Roof Type Composition
Present Use Business/Professional,Retail
Building
Story 1
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Restrictions None
Tax ID 259-060-71
Security Features Other
Special Listing Condition Not Applicable
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Bought with Brett Barron • Capital Realty Group
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