Bought with Stephanie M Berry • Century 21 Fort Bragg Realty
$315,000
$325,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
2,300 SqFt
SOLD DATE : 02/05/2024
Key Details
Sold Price $315,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,300 sqft
Price per Sqft $136
MLS Listing ID 323926768
Sold Date 02/05/24
HOA Y/N No
Property Description
Beautifully restored commercial building with a separate accessory space that can be used as a residence. Fully occupied with tenants in all three units. 325 N Franklin is approx. 950 s.f., 329 N Franklin commercial space is approx. 600 s.f. and the commercial space with residential accessory use (327) is approx. 625 s.f. plus the fenced yard on the alley side. Formerly the location of Coast Cleaners, the October 2023 soils test showed the level of contamination has dropped 96.9% since last tested in 2014 and is expected to continue to dissipate to levels below the reporting limit in the future. Reports are available along with building plans, permits, etc. There are two electric meters on the property with the smaller commercial unit sharing with the accessory residence. They divide the bill between them and the other tenant pays their own electric. One water meter for the property. Rear unit can be vacated if buyer desires within 90 - 180 days at the market rent of $1,100 after COE. Other tenants are month to month. Seller is a licensed California real estate broker.
Location
State CA
County Mendocino
Area Coastal Mendocino
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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