1400 Glendale Drive, McKinleyville, CA 95519 (MLS# 257687)


$3,950,000
1400 Glendale Drive
McKinleyville, CA 95519
MLS# 257687



1400 Glendale Drive, McKinleyville, CA 95519
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1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519 1400 Glendale Drive, McKinleyville, CA 95519

Property Description
Mad River Storage Center has been in business since 1996. The facility consists of 336 units, outdoor storage. 30,500 square feet in 6 buildings. There is a 1 bedroom apartment above the office. New wrought iron fencing, new security system and recent paving. Occupancy currently at 98% capacity. Room for expansion. Rents are under value, plenty of upside on the income. Owners self manage and have no payroll. Great location, easy on and off Highway 299.

Details
Maps
Listing Information
Status: Active
List Date: 2020-10-26
List Price: 3950000
Current Price: 3950000
Property Description
Type of Property: Commercial
Realtor.com Type: Commercial
Construction Status: Existing
Lot Size: 1 - 1.99 Acres
Lot Acres: 1.7
Flood Zone: No
Surveyed: No
Location, Legal and Taxes
Area: North Bay
House Number: 1400
Street Name: Glendale
Street Suffix: Drive
Sub-Area: McKinleyville
State: CA
Zip Code: 95519
Cross Street: Hwy 299
APN: 516-161-005
Directions and Remarks
Directions: From Highway 101 go east on Highway 299. Take the Glendale exit (exit 4) Left at stop sign. Facility is at the corner of Glendale Drive across from Murphy's Market and E & O Bowl.
Building Description
Year Built: 1996/1998/2005
# Units: 336
SqFt: 30500
Condition: Good
# of Floors: 2
Income & Expenses
Signage: No
Square Footages
Total Building SqFt: 30500
Business
Business Name: Mad River Storage
Real Estate Included: Yes
Property Features
Zoning: Unclassified
Type of Use: Other-Spec in Remark
Existing Use: Other
Location: Corner Lot; Other-Spec in Remark
Foundation: Slab
Construction: Metal; Wood Frame
Siding: Wood; Other
Roof: Metal
Parking: 1 - 10 Spaces; On Site; Paved
Exterior Amenities: Electric Gates; Major Road Access; Perimeter Fencing; Security Camera; Security Lighting
Utilities: Circuit Breaker; Electric; Gas; Internet; Telephone; TV Cable
Heating: Forced Air; Natural Gas
Cooling: None
Interior Amenities: Security Camera; Security System
Flooring: Carpeted; Concrete; Vinyl
Storage: Other-Spec in Remark
Sale Includes: Land/Bldg/Bus
Possession: At Close of Escrow
Financing Terms: Cash; Conventional
Documents: Form (BPPP); Form PEAD-V Property Entry Advisory & Declaration; Form PRE (Posted Rules for Entry); Other - Private

Last Updated: October - 28 - 2020

Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.

Wednesday 25th of November 2020 04:23 AM