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2859 N 5th St
For Sale $480,000
$480,000
- 3 Units
- Unknown Sq Ft
- 3,600 Sq Ft
- Unknown Cap Rate
Description
Rare opportunity to own a very well established Bakery/Food shop of more than 30 Years. Opportunities like this don't present very often. The Seller is willing to include all kitchen equipment as part of the sale + Inventory. 10 Year lease opportunity is also available at $200,000. That's for the business only. This property runs street to street from 5th St to Orkney St. Approximately 36ft x 100ft. The vacant lot next door is also available for purchase separately at $55,000, 2857 N 5th St. This property is zoned CMX25 which allows for higher density if owner wanted to build up more apartments. Currently there are 3 apartments fully rented bringing in $2700/mo. Don't miss this opportunity and call today! Private showings to interested parties only during store closing hours upon receipt of proof of funds and term sheet. Do not disturb employees. Business Financials available upon request.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $480,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871101400 |
| MLS # | PAPH2443606 |
| Property ID | 321261796 |
| Lot Sqft | 3,600 |
| Zoning | CMX25 |
| Total Units | 3 |
| Days on Market | 23 |
| Original List Price | Unknown |
| Date Updated | February 09, 2025 |
| Date Created | February 08, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $54,000 | $0 |
Listing Provided By
Luis Luciano an agent of . Lic #RS327269
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Data last updated: March 03, 2025.
Robert Crawford
REAL ESTATE AGENT