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LoBue Building 722-728 San Benito St

8,000 SF Vacant Retail Building Hollister, CA 95023 £1,566,598 (£196/SF) 5.63% Net Initial Yield

Investment Highlights

  • 100% occupied with huge upside potential. 8 residential apartments and 3 store fronts.

Executive Summary

Great Historical Mixed Use Building in downtown Hollister with 8 residential apartments and 3 store fronts. Nearly a 6% cap rate in the historic downtown. Own a piece of history and enjoy huge upside potential in this cash flow property. Great for owner user or even keep all the tenants in place for wonderful opportunity.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,000 SF
Building Class
C
Year Built/Renovated
1920/2005
Price
£1,566,598
Price Per SF
£196
Net Initial Yield
5.63%
NOI
£88,121
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Building FAR
1.86
Lot Size
0.10 AC
Zoning
AP - Historic Down Town
Frontage
49 ft on San Benito St

Amenities

  • Bus Route
  • Signage
Walk Score ®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Saladworks
The YMCA
IGA
Bank of America
Gold's Gym
Lucky
U.S. Bank
Grocery Outlet
Smashburger
Dutch Bros

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
054-010-008-000
Land Assessment
£302,278
Improvements Assessment
£502,289
Total Assessment
£804,567
  • Listing ID: 33858670

  • Date on Market: 13/11/2024

  • Last Updated:

  • Address: 722-728 San Benito St, Hollister, CA 95023

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