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7965 State Highway 99w Gerber, CA $ 1,700,000
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7965 State Highway 99w
$ 1,700,000
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7965 State Highway 99w

Gerber, CA, 96035
$ 1,700,000
Baths0.0 Sq 18,912

Monthly Estimate*

$ 10,181

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Studio

Commercial Property for sale in Gerber, CA

for $1,700,000. This 18,912 square foot building was built in 1985 on a lot size of 4.47.

This self-storage investment opportunity in Northern CA between the greater Chico and Red Bluff metro area. U-Lok Mini Storage enjoys a prime location close to Highway 5 and facing Old Highway 99W and offers exclusively drive-up units. This business has been established since the 1980s with a history of high occupancy and 4.6-star Google review. U-Haul rental sales have grown 5 times in our 2nd year of operation. It has 18,538 net rentable square feet with total 124 storage units, 8 outdoor RV 15x40 parking spaces (expandable), and 3 acres of additional land for expansion. A fully renovated 2 story apartment consists of one 2 bed 2 bath unit and one 1 bed 1 bath manager's unit both are rented. With the potential to apply for the 2-car garage conversion to create another 1 bed 1 bath unit. U-Haul Authorized Dealer business with trucks rental and moving supply sales. Free from flood and fire zones with very affordable commercial property and casualty insurance cost. This will be a great passive income property for multiple types of investors, whether it is retirees by living onsite and collecting stable monthly income streams or multifamily investors hybrid into a mature self-storage investment.

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Commercial Active

Price

$ 1,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

4.47

Year Built

1985

Town/City

Gerber

County/Region

Tehama

MLS | Web ID

224099399
Features
General
Sewer Septic System
Heating Heat Pump
Cooling Heat Pump See Remarks Other
Utilities Backup Generator Telephone Internet Available
Roof Composition
Construction Materials Metal Tilt-Up Other
Year Built 1985
Electric Photovoltaics Seller Owned 200 to 400 Amp Service 220 Volts Separate Electric Meter
Tenant Pays See Remarks Other
Stories 0
Topography Level
Levels 0
Property SubType Mixed Use
Current Use Warehouse Varies by Unit Mixed Use
Location Freeway Nearby
Business Type Storage Other
County Tehama
Property Type CommercialSale
Building Features Manager's Office Multiple Tenant Building Dumpster Extra Storage Front Sign Varies by Unit Living Area in Building Other
Close Price 0.0
Status Active
Directions Coming from Sacramento head right at Exit 636 Gyle Road and follow signs for Gyle Road. Turn Right onto Gyle Road/ County Hwy-A11 towards Los Molinos/Tehama and drive 1.7 miles. Turn Left onto CA-99W
City Gerber
Zoning Description General Commercial
NumberOfUnitsTotal 124
MLS Area 15000
Lot Size Square Feet 194713.0
Property Condition Exterior-Excellent Updated/Remodeled Yard Gravel Varies by Unit See Remarks
Ok to Lease Negotiable
Structure Type Apartment Mixed Use Industrial Warehouse Other
Standard Status Active
Year Built Source Owner
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Interior
Flooring Vinyl Concrete See Remarks Other 0
Office Area 0
Total Stories 0
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Exterior
Parking Features Open Garage Leased Parking Area
Water Source Well
Total Parking 0.0
Number of Buildings 6
Building Area Total 18912.0
Lot Size Acres 4.47
Lot Size Source Owner
Parking Ratio 0.0
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Internal Only
Street Number 1 7965
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* Excluded Features
List By
Keith Caldwell Real Estate

Broker

cbringgold1868@gmail.com

Email

Affordability Calculator

$10,181
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,181
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
295416 Elementary School
295437 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
9/6/2024 $1,700,000 Listed Price

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7965 State Highway 99w, Gerber, CA, 96035 is a Commercial Property for sale at $1,700,000 with 18,912 sqft and a lot size of 4.47. 7965 State Highway 99w is a studio with 0.0 baths and was built in 1985. The property's zip code is 96035 which is in Gerber, CA

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