16360 State Highway 175
About this property
COBB VILLAGE CENTER strip mall in the heart of Cobb on the main highway. Three office or retail spaces, 1 brm apartment, storage area and 2 room log cabin for additional office or retail space. Next to year round Kelsey Creek for a restful picturesque setting. The gas station on the other side and a short walk to post office, supermarket, pizza restaurant and coffee shop. Large parking area and good sign visibility. Upgrading needed in parts. Storage Area of 450sf could be additional office or retail space for greater return. Only one office rented currently though until recently a 20 year history of no vacancy. Compelling potential for unbeatable rental return once upgraded estimated at 16% annually with modest annual income estimated at $48,000.
About this property
COBB VILLAGE CENTER strip mall in the heart of Cobb on the main highway. Three office or retail spaces, 1 brm apartment, storage area and 2 room log cabin for additional office or retail space. Next to year round Kelsey Creek for a restful picturesque setting. The gas station on the other side and a short walk to post office, supermarket, pizza restaurant and coffee shop. Large parking area and good sign visibility. Upgrading needed in parts. Storage Area of 450sf could be additional office or retail space for greater return. Only one office rented currently though until recently a 20 year history of no vacancy. Compelling potential for unbeatable rental return once upgraded estimated at 16% annually with modest annual income estimated at $48,000.
Features and Additional Information
Presented By Jonathan B Perlstein, Palm Springs Chamber of Commerce,REALTOR
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Brokerage: Timothy Toye and Associates 707-928-6900
