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301 FOUNTAIN AV Pacific Grove CA 93950

$320,000

Great opportunity to own commercial space in downtown Pacific Grove. 2,000 sq feet with gorgeous views of the Monterey Bay. Free public parking across the street. Patio area in back. Currently reupholstering business. Business does not convey.

 

Financial Highlights:
Total Loans:  
Current Taxes:  
Capitalization Rate: 4.32
Net Income: $21,531
Financial Drilldown:
Rental Income: $24,000
Gross Sched. Income: $24,000
Vacancy Factor: 5
Vacancy Amount: $1,200
Gross Income: $22,800
Total Expenses: $1,269
Net Income: $21,531
 
Annual Income:$22,800
Annual Expenses:$1,269
Commercial Highlight: 
LotSize:  2,353 sq ft Ceiling Ht Type:  15'+ to 20'
Gross Sq Ft:   
Net Leasable:  2,000 Min Ht Clearance:   
Office Sq Ft:    Max Ht Clearance:   
Warehouse Sq Ft:    Num of Docks:   
Mezzanine Sq Ft:    Num Of Drive-In Doors:   
Yard Size Sq Ft:  350 Rollup Door:  12'+ to 15' Roll-Up Door
Loading Options:  Off Street Loading, Delivery Area
 

DOREEN HYLAND     Email Me, or Call me at 831-373-5595

 


"Your Home Town Real Estate Professionals"


Mont Grove Realty
 "Doree" Doreen L. Hyland - DRE License # 01057265
 800 Lighthouse Ave. Suite C, Monterey, CA 93940
 Office 831-373-5595 - Fax 831-373-5595  Cell 831-521-5595
 info@montgroverealty.com