24 W Elm St., Lodi, CA
Retail for Sale - $695,000 - 9,640 Sq. Ft. on 0.12 acres
Property Info
CIMLS# | 964894 |
Location 24 W Elm St. Lodi CA 95240 | |
Updated | February 16th, 2018 |
Type | Retail |
Price | $695,000 |
Building | 9,640 Sq. Ft. |
Land | 0.12 acres |
Property Description
24 W Elm St., Lodi is located in the heart of downtown. Downtown Lodi has gone through extensive redevelopment making it a desirable location for businesses, restaurants, bars, and housing. 24 W Elm St., Lodi consists of street retail and upstairs office spaces comprising of +/- 9,640 SF plus a below ground basement estimated at 3,670 SF. The retail space has completed improvements which include electrical, flooring, drywall, and paint. 24 W Elm St. is ideal for an owner-user to occupy a portion of the space and lease the other portion to collect income. The property has an open lay-out that can accomodate multiple uses. Street parking is available on W Elm and N School St. 24 W Elm St., is demised into 3 separate spaces with 3 separate electrical meters.
The upstairs units can be used as Executive Office Suites or potentially converted to multifamily residential housing.
Location Description:
Located in vibrant downtown Lodi. Much of the downtown is being redeveloped and features breweries, restaurants, wine-tasting rooms, and apartment housing. The subject property is located just one block from Century Theaters and Cold Stone Ice Cream.
Highlights:
>> Located in desirable downtown Lodi which has been redeveloped
>> Just one block from Century Movie Theaters and other restaurants
>> Street retail can be demised into 2-3 spaces with frontage on N School St.
>> Updated electrical, paint, drywall, and other improvements
>> Excellent Owner-User opportunity
>> Upstairs Offices should be leased as executive office suites
>> Large downstairs storage basement for wine cellar or document vault
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