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133 Commercial St 4,136 SF 64% Leased Retail Building Portola, CA 96122 $491,103 CAD ($118.74 CAD/SF) 8.17% Cap Rate

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INVESTMENT HIGHLIGHTS

  • For Sale: Versatile Duplex with Mixed Commercial and Residential Use
  • Convenient Car Lift: Located at the rear of the building for easy vehicle access.
  • Recent Upgrades: Including a brand-new roof for peace of mind and reduced maintenance costs.

EXECUTIVE SUMMARY

Large building duplex with mix commercial and residential use. Currently short term Vacation Rental mix use, currently on Air bnb and vrbo titled Portola Depot. Rear of building has a car lift. Recently added new roof. Can be sold with 125 Commercial st for a discount, both properties are joined by a common hallway, inquire for details.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,136 SF
Building Class
C
Year Built
1950
Price
$491,103 CAD
Price Per SF
$118.74 CAD
Cap Rate
8.17%
NOI
$40,118 CAD
Percent Leased
64%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.36
Lot Size
0.07 AC
Zoning
Mix Use - Commercial/Residential mix
Parking
2 Spaces (0.48 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

IGA
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
126-085-032-000
Land Assessment
$24,544 CAD
Improvements Assessment
$122,737 CAD
Total Assessment
$147,281 CAD
  • Listing ID: 28667538

  • Date on Market: 2023-06-05

  • Last Updated:

  • Address: 133 Commercial St, Portola, CA 96122

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