LoBue Building | 722-728 San Benito St
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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
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 054-010-008-000 | Improvements Assessment | £502,289 |
Land Assessment | £302,278 | Total Assessment | £804,567 |
PROPERTY TAXES
Parcel Number
054-010-008-000
Land Assessment
£302,278
Improvements Assessment
£502,289
Total Assessment
£804,567
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LoBue Building | 722-728 San Benito St
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