The Olive Building 146 N Golden State Blvd

146 N Golden State Blvd , Turlock, California, 95380 | 8,775 sq.f | $ 1,088,880

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About This Restaurant

Investment Highlights

Heavy Daytime Car Traffic 2 Story OPTIONS to maximize Sqft New Roof & Updates recently completed. Busy Corner Parking Structure potential

Executive Summary

The Historic Olive Building. Nestled in the heart of downtown, this historic bld offers a rare opportunity for mixed-use development in a prime location. Boasting 11,175 sqft footprint+- & an ideal corner position with heavy traffic counts, this property presents endless possibilities for savvy investors and entrepreneurs. The current plan of the Olive Building caters to both restaurant and office space both down & upstairs, making it ideal for a mixed-use development. With its versatile layout and strategic location, this property is primed for maximizing its earning potential. Recent Updates: investments totaling over $380,000 have been made in critical infrastructure updates, including a new roof, fire sprinklers, electrical system enhancements, and a fire hydrant installation. Situated in downtown Turlock, the Olive Building benefits from high visibility and easy access to major thoroughfares. Its proximity to local amenities, businesses, and entertainBuilding tax records state 11,175 SQFT.. The current plan is for a 2 story complex mixed use of restaurants & Office spaces. POTENTIAL Parking Structure as it is much need in DOWNTOWN area.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Condition    Building in Shell Condition
  • Property Type    Retail
  • Property Subtype    Storefront Storefront General Retail Restaurant General Retail Storefront Retail/Office OfficeLoft Creative Space Storefront
  • Building Size    8,775
  • Building Class    C
  • Year Built    1920
  • Price    1,088,880
  • Price Per SF    124
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    1.00
  • Land Acres    0.20 AC

Amenities

  • Banking
  • Bus Line
  • Corner Lot
  • Restaurant
  • Signage
  • Drive Thru

Nearby Amenities & Transportation

Retail Oak Valley Community Bank
Retail Jack In The Box
Retail Bank of America
Retail Bank of Stockton
Retail Smart & Final
Retail Dutch Bros
Retail Starbucks
Retail U.S. Bank
Retail Mr. Pickle's Sandwich Shop
Retail Grocery Outlet

Property Taxes

Parcel Number 061-18-24 Improvements Assessment $145,016
Land Assessment $93,701 Total Assessment $238,717
Date Created: 2024-07-16 04:09:23 Last Updated: 2024-07-16 04:09:23
Address: 146 N Golden State Blvd , Turlock, California, 95380