Auction #288-1

Commercial Property For Sale in Los Banos, CA

±14,200 SF Retail Center in Los Banos, CA

241-249 W Pacheco Blvd
Los Banos, CA 93635
Merced County View Map
Commercial Property
Lot Size: ±35,284 ft2
 
APN/Tax ID: 027-161-042
APN/Tax ID: 027-161-042
Bidding Format: Auction Plus®
APN/Tax ID: 027-161-042

Description

MOTIVATED SELLER!

This online Auction Plus (+) event is for Conte Plaza, a ±14,200 SF multi-tenant retail center on West Pacheco Boulevard (Hwy 152) in Los Banos, CA. The Plaza is surrounded by established businesses in the area such as Baskin Robbins, Best Western, and Fast Track Car Wash.

Property highlights/features include:

  • ±14,200 SF retail center consisting of three buildings on two parcels
  • 63.6% occupied
  • Below-market rents in place
  • 15 spaces from ±660 to ±1232 SF
  • Parking ratio: 4/1,000 SF
  • Great tenant mix in place with shorter-term leases allowing new owner to raise rents to meet market rate if needed
  • Rare opportunity to acquire a value-add retail center within the City of Los Banos, CA, with tremendous upside
  • Minutes from Los Banos Municipal Airport

Click the following links below to access more information on Los Banos, CA:

www.losbanos.org/

www.city-data.com/city/Los-Banos-California.html/

Downloadable Documents

Property Information

Auction Information

Vault

Property Viewing

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Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Broker of Record for this property: Tom Kaljian, CA license #00528796

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented “as is,” and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

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