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2245 North St Anderson, CA 96007
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Key Details
Sold Price $600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 11,188 sqft
Price per Sqft $53
MLS Listing ID 24-131
Sold Date 04/01/25
Originating Board Shasta Association of REALTORS®
Year Built 1977
Lot Dimensions 1.65
Property Description
Almost 8.3% cap rate at below market rents! Former Bank of America building available for sale or lease on busy North Street in Anderson, CA. This 11,188 square foot standalone building has approximately 9,000 on the first floor and an additional 2,188 square feet available on the 2nd floor. The property includes an expansive parking lot and existing multi-lane drive-thru. Priced to sell at just $62/sf, or lease it for just $0.65/sf modified gross, that's less than industrial space! With asking rent, list price comes in just under 8.3% cap rate.
See documents section for brochure.
Location
State CA
County Shasta
Direction I-5 Exit on North Street heading West. Property will be on the left hand side just before the intersection of North Street and Martha Street.
Exterior
Parking Features Off Street
Building
Level or Stories NaN
Others
Senior Community No
Tax ID 201-010-031-000
Financing Conventional
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