5985 Meadow Lane,  Mariposa CA, 95338 (Commercial)

Status: Active
MLS#: FR17255820
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Last Updated: 11/23/2017 2:39 PM
Description for 5985 Meadow Lane Mariposa, CA 95338
Investors, entrepreneurs, business people etc. The Lushmeadows General store property is available. The price is right and the seller is motivated. On the 2.58 acres of commercial zoning CN-2, there is 10- mini storage units a 2 bedroom 1.5 bath house that has been updated and a 3 bedroom 2 bath modular home. The gas tanks were updated in 1997 but check with county to verify. The property is very beautiful with pines cedars, large Oaks and a seasonal creek. Bring your ideas the cap rate is a 6 without the gas pumps working or the store functioning or rented. When the store was running the rent was $1750/mo which puts the cap rate about 9 which is great. Many things will change but I believe the this can be a very good investment for someone that wants to be their own boss.
Price
$399,000
Mariposa
FR17255820
Active
Description
Investors, entrepreneurs, business people etc. The Lushmeadows General store property is available. The price is right and the seller is motivated. On the 2.58 acres of commercial zoning CN-2, there is 10- mini storage units a 2 bedroom 1.5 bath house that has been updated and a 3 bedroom 2 bath modular home. The gas tanks were updated in 1997 but check with county to verify. The property is very beautiful with pines cedars, large Oaks and a seasonal creek. Bring your ideas the cap rate is a 6 without the gas pumps working or the store functioning or rented. When the store was running the rent was $1750/mo which puts the cap rate about 9 which is great. Many things will change but I believe the this can be a very good investment for someone that wants to be their own boss.
Listing Information
Property Type: General Commercial, Other
Neighborhood
Room Information
Exterior / Lot Features
None
CN-2
Driving Directions
Triangle to Meadow lane
Financial Considerations
0150520160
Listing Price History

Mariposa Real Estate

Mariposa is located in California. Mariposa, California 95338 has a population of 1,524.

The median household income in Mariposa, California 95338 is $34,881. The median household income for the surrounding county is $50,560 compared to the national median of $53,482. The median age of people living in Mariposa 95338 is 48.7 years.

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Courtesy: Brian Stewart - Cal West Real Estate
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Information is deemed reliable but is not guaranteed.

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