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1963 Iroquois Street

Napa, CA 94559
  • $5,249,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: 322030929
$5,249,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,213
    SQFT
  • $1,634
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2018
County:
Area:

School Ratings & Info

Description

Prime commercial property with double parcel lot, generating steady income heralds one of the BEST Dispensary locations in Napa. Attached to the dispensary building, is a 1 BR/1.5BA 2-story residence. The property also offers rare and unique commercial kitchen development opportunity! Municipal services connected for both sewer and water. 6.76% projected CAP rate after rent increase 1/1/2024, per lease agreement. Sale Includes 1961 Iroquois Street. Tenants have cannabis licenses approved by City of Napa. A rare chance to own one of the few buildings with tenants that have been approved for a cannabis dispensary with adult/recreational, plus medicinal use. Fully leased investment with a high rental income. Don't miss this golden opportunity.

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© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Attain Real Estate. Data last updated: 2022-05-22T23:57:02.623.
www.attain-realestate.com/homes/127847678
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1963 Iroquois Street Napa, CA 94559

  • Price: $5,249,000
  • Status: Active
  • On Site: 33 Days
  • ID#: 322030929
0
Beds
0
Baths
0
½ Baths
0.31
Acres
3,213
SQFT
$1,634
$/SQFT
2018
Built
Neighborhood:
Napa
County:
Napa
Area:
Napa
Property Description
Prime commercial property with double parcel lot, generating steady income heralds one of the BEST Dispensary locations in Napa. Attached to the dispensary building, is a 1 BR/1.5BA 2-story residence. The property also offers rare and unique commercial kitchen development opportunity! Municipal services connected for both sewer and water. 6.76% projected CAP rate after rent increase 1/1/2024, per lease agreement. Sale Includes 1961 Iroquois Street. Tenants have cannabis licenses approved by City of Napa. A rare chance to own one of the few buildings with tenants that have been approved for a cannabis dispensary with adult/recreational, plus medicinal use. Fully leased investment with a high rental income. Don't miss this golden opportunity.
Exterior Features

Levels 0 Location Industrial Area Lot Features Landscape MiscLow Maintenance Parking Total 10 Road Frontage Type City Street

Interior Features

Cooling Multizone Floor 0 Flooring Combo Of Materials Heating Multizone

Property Features

Accessibility Features Accessibleapproachwithramp Auction No Availability Date 1800-01-01T00:00:00 Building Features Extra StorageLandscapingOver 18 Ft CeilingsReception AreaRestroom(S)-Private Business Type Dispensary Current Use Mixed Use Dock Doors 0 Electric 2 Phase200 To 400 Amp Service Income Includes Rent Industrial Sq Ft 0 Lease Deposit 20000 Lease Type Net Leased 0 Load Factor 0 Loading Off Street Office Sq Ft 0 Percent Office 0 Property Sub Type Mixed Use Property Type Commercialsale Retail Sq Ft 0 Sewer Public Sewer Structure Type Mixed Use Utilities Underground Utilities Warehouse Sq Ft 0 Water Source Public

Listing information © 2022 Bay Area Real Estate Information Services.
Listing courtesy of Jennifer Peschken of Homesmart Advantage Realty.


© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Attain Real Estate. Data last updated: 2022-05-22T23:57:02.623.
 
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