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Jennifer Peschken
License # 01330271
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Offered by:
HomeSmart Advantage Realty

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1963 Iroquois Street
Napa, CA 94559
MLS# 322030929 ID: 75546354
3213 sq.ft.
$3,495,000
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Property Description
Prime commercial property with... double parcel lot, generating steady income heralds one of the BEST Dispensary locations in Napa. Attached to the dispensary building, is a 1 BR/1.5BA 2-story residence. The property also offers rare and unique commercial kitchen development opportunity! Municipal services connected for both sewer and water. 10.15% projected CAP rate after rent increase 1/1/2024, per lease agreement. Sale Includes 1961 Iroquois Street. Tenants have cannabis licenses approved by City of Napa. A rare chance to own one of the few buildings with tenants that have been approved for a cannabis dispensary with adult/recreational, plus medicinal use. Fully leased investment with a high rental income. Don't miss this golden opportunity.
Property Features
Status
Days On Market 77 days
Last Updated July 4, 2022
Market Status Available
Description
Property Type Commercial
Year Built 2018
Sq. Feet 3213
Location
MLS Area Napa

Data Provided by Bay Area Real Estate Information Services

BAREIS MLS® listing: Copyright [CurrentYear], Bay Area Real Estate Information Services, Inc. All Rights Reserved.
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