720 N Norma St
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720 N Norma St
4,545 SF 100% Leased Office Building Ridgecrest, CA 93555 £518,505 (£114/SF)
Investment Highlights
- Heavy Vehicle Traffic
- Covered Entry For Each Unit
- Tile Roof
- On-Site Parking
Executive Summary
Discover this exceptional commercial property located on one of Ridgecrest's main streets, offering unmatched exposure and convenience for businesses. This versatile building features 6 individual units, 4 of which are fully leased, providing a great opportunity for immediate income with room for future growth. Durable tile roof enhancing the property's appeal and longevity. Two current vacancies ideal for owner-occupancy or additional leasing opportunities. Ample on-site parking to accommodate tenants and customers. Ensure comfort and accessibility for visitors with covered entry for each unit. PRIME location situated on one of the busiest streets in Ridgecrest with high vehicle traffic and foot traffic making it a magnet for thriving businesses. This property offers a perfect blend of functionality, curb appeal, and potential. Whether you're an investor or a business owner, this is an opportunity you won't want to miss! Schedule a viewing today to explore the possibilities.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,545 SF
Building Class
B
Year Built
1985
Price
£518,505
Price Per SF
£114
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
4,545 SF
Building FAR
0.20
Lot Size
0.51 AC
Zoning
C-G
Amenities
- Air Conditioning
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720 N Norma St
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