$2,200,000
For Sale

430 S 1st Street

King City, CA 93930
0.92 acres | #ML81969185
Listing OfficeRemax Property Experts
Browse 5 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Prime Commercial Property with High Growth Potential. Discover an exceptional investment opportunity in King City! Desirable property zoned General Commercial C2, offers ample room for expansion and is situated in a high-traffic area perfect for development. Steady Income Stream: The property is fully leased, ensuring immediate rental income. Ozzy's Mini Mart: Occupies the 1,648 sq. ft. main building. City of King City: Leases the garage and approximately 50% of the lot for van storage and maintenance. Growth Potential: The generous lot size and flexible zoning allow for future expansion, offering opportunities to increase rental income and property value. Strategic Location: Positioned in a high-visibility, easily accessible area, this property is ideally located on a major thoroughfare into and out of King City. Listing includes the sale of Ozzy's Mini Mart, providing an established business & extra income source. A rare find with its combination of a steady income stream, significant growth potential, and strategic location. Whether you're looking to expand existing operations or develop new commercial spaces, this property offers a unique and profitable opportunity.

  • Property Details
      • Stories1
    • Measurements
      • Acres0.92
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1936
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyMonterey
  • Financial Details
      • Original List Price$2,200,000
      • Taxes Annual$9,441
  • Other
      • MLS #ML81969185

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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