Waterford CA Commercial for Sale
- Type:
- Other
- Sq.Ft.:
- 2,404
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.44 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- 224082375
View additional info
Courtesy: Gil's Real Estate
226-9646
ADDITIONAL INFORMATION
This is your opportunity to acquire approximately 2.44 acres featuring a tire shop and a fixer-upper diner, complete with a preliminary site plan for development. The proposed plan includes 9 residential parcels on the north side, and either a 2,700 sq ft commercial building with ample parking, or use of the existing structures with additional parking. Currently, the property hosts a tire business, a vacant diner with drive-thru potential, and rental spaces for a mobile home and RV. The south side of the property is zoned Highway Commercial (CH) with approximately 258 feet of frontage, while the north side is zoned Residential Single (RS) with access via Skyline Blvd. The City of Waterford is open to rezoning for high-density residential use and encourages innovative land utilization. Currently generating $2,625 per month in rental income, this property presents a promising investment opportunity. Phase I environmental assessment is available. Located directly across from the gated community of River Pointe on CA-132, this property benefits from high visibility and traffic from CA-132, which serves as a major route to Modesto Reservoir and local lakes.
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
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Waterford Real Estate
The median home value in Waterford, CA is $464,000. This is higher than the county median home value of $434,600. The national median home value is $338,100. The average price of homes sold in Waterford, CA is $464,000. Approximately 59.51% of Waterford homes are owned, compared to 31.42% rented, while 9.07% are vacant. Waterford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Waterford real estate agent to arrange a tour today!
Waterford, California has a population of 9,100. Waterford is more family-centric than the surrounding county with 38.01% of the households containing married families with children. The county average for households married with children is 35.12%.
The median household income in Waterford, California is $70,774. The median household income for the surrounding county is $68,368 compared to the national median of $69,021. The median age of people living in Waterford is 31.8 years.
Waterford Weather
The average high temperature in July is 94.8 degrees, with an average low temperature in January of 39.1 degrees. The average rainfall is approximately 12.8 inches per year, with 0 inches of snow per year.