212 5th Street,  Taft CA, 93268 (Commercial)

Status: Active
MLS#: PW17232518
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Last Updated: 10/20/2017 12:38 AM
Description for 212 5th Street Taft, CA 93268
3.9% GRM!! • Taft is a hidden gem situated about 1.5 hours north/north-west from LA. This building is perfect for a live/work situation. Have your tenants pay all the bills while you start your own business. The building is around the corner from the quaint retro downtown area and is adjacent to trendy "Bank" sports pub and restaurant. • If you are looking for an affordable commercial building with upstairs rental units then this might be perfect situation for you. 1st story currently houses 2 commercial stores with tons of storage. Approx. total square footage of 1st floor is 5000 sq.ft. Need storage for your on-line business? • Both commercial units are currently rented locally as storage and not stores. • Second floor is 6 residential apts. Rent roll available. Located between North and Center street, just off the main business/retail corridor. Many repairs, upgrades, stucco, recently done. $3845 month gross = AMAZING 3.9% Gross Rent Multiplier!!
Price
$180,000
Kern
PW17232518
Active
Description
3.9% GRM!! • Taft is a hidden gem situated about 1.5 hours north/north-west from LA. This building is perfect for a live/work situation. Have your tenants pay all the bills while you start your own business. The building is around the corner from the quaint retro downtown area and is adjacent to trendy "Bank" sports pub and restaurant. • If you are looking for an affordable commercial building with upstairs rental units then this might be perfect situation for you. 1st story currently houses 2 commercial stores with tons of storage. Approx. total square footage of 1st floor is 5000 sq.ft. Need storage for your on-line business? • Both commercial units are currently rented locally as storage and not stores. • Second floor is 6 residential apts. Rent roll available. Located between North and Center street, just off the main business/retail corridor. Many repairs, upgrades, stucco, recently done. $3845 month gross = AMAZING 3.9% Gross Rent Multiplier!!
Listing Information
Property Type: General Commercial, Other
1922
Neighborhood
Room Information
Exterior / Lot Features
None
Driving Directions
N. on I-5, 1.5 hrs north of LA, Exit hwy 119, Rt on Hwy 33, Rt. on 5th
Financial Considerations
0310500100
Listing Price History

Taft Real Estate

Taft is located in California. Taft, California 93268 has a population of 9,495.

The median household income in Taft, California 93268 is $50,991. The median household income for the surrounding county is $48,574 compared to the national median of $53,482. The median age of people living in Taft 93268 is 35.6 years.

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Courtesy: Alicia Dose-Wild - Century 21 On Target Alicia Dose-Wild
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