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18031 Ocean Drive 18031 Ocean dr

900 SF Light Industrial Building Fort Bragg, CA 95437 £544,371 (£605/SF)

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Investment Highlights

Investment property
2 homes and UPS lease on the property

1.3 Acre Property
Located in a desirable area, near the Botanical Gardens a short distance to Belinda Point's lovely beach and the City of Fort Bragg

Executive Summary

If you are looking for a great investment property, this is it! Zoned commercial, this 1.3 acre property is located in a desirable area, near the Botanical Gardens a short distance to Belinda Point's lovely beach and the City of Fort Bragg. There are currently 2 homes and a UPS lease on the property. The 2 homes are currently rented to great tenants. Charming farm house style front home with 2 beds and 1 bath, for $1,100, the Studio with a full bath and kitchen for $1000. and UPS has a 5 year lease at $1500 a month, a substantial total of $3,600 a month income. Added to the charm is Digger Creek running through the back of the two homes. Seller may carry depending on the terms.

Ward - 18031 Ocean Drive

Property Facts

Price	£544,371	Lot Size	1.23 AC
Price Per SF	£605	Rentable Building Area	900 SF
Sale Type	Investment	Number of Floors	1
Property Type	Light Industrial	Year Built	1944
Building Class	C	Tenancy	Single

Price	£544,371
Price Per SF	£605
Sale Type	Investment
Property Type	Light Industrial
Building Class	C
Lot Size	1.23 AC
Rentable Building Area	900 SF
Number of Floors	1
Year Built	1944
Tenancy	Single