723 Railroad Ave, Winters, CA 95694
26,793 SF | 31% Leased | Industrial Building | Winters, CA 95694 | $2,160,000 ($81/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,160,000
- Property Type
-
Industrial
- Price / Square Foot
- $81
Listing Contacts
James Beeghly
Verified Profile
Russ Moroz
Verified Profile
Christopher Drake
Verified Profile
Abdullah Sulaiman
Verified Profile
Matt Sulaiman
Verified Profile
- Property Info
Property Overview
Marcus & Millichap has been selected to exclusively market for sale 723 Railroad Avenue, a partially leased multi-tenant commercial building in Winters, California.
723 Railroad Avenue consists of a single ±26,793 square foot warehouse with an additional ±12,375 square feet of basement space, all located on a large ±2.13-acre parcel. Originally constructed for apricot processing, the Seller invested considerable capital expenditures into the building including a new foam roof, new fire sprinkler system, new heavy power (800 amp) electrical system, new high-capacity gas line, and various other improvements. The building features twelve (12) dock-high doors, four (4) drive-ins, and significant amount of yard space.
±6,860 square feet are currently leased to Patio 29 Spirits Company through 2027, providing a stable stream of income for investors and users alike. The building’s open floor plan and many roll-up doors allow for the space to be easily demised and leased as smaller bays, commanding stronger rents and diversifying risk.
The property is situated downtown in the City of Winters, a charming suburb 15 miles West of Davis and 15 miles North of Vacaville. Known as the Eastern Gateway to the Napa Valley, the City has become a regional draw and has grown in popularity with Berryessa Gap Vineyards, Hotel Winters, wedding venues, and several high-end restaurants in its vibrant downtown district.
This offering is the first property of its kind to reach the market in the City of Winters since 2010, and it represents the rare opportunity to own a high-quality investment property with immediate upside through lease-up, room for growth, and the ability to develop in a thriving suburb of Davis and Vacaville.
723 Railroad Avenue consists of a single ±26,793 square foot warehouse with an additional ±12,375 square feet of basement space, all located on a large ±2.13-acre parcel. Originally constructed for apricot processing, the Seller invested considerable capital expenditures into the building including a new foam roof, new fire sprinkler system, new heavy power (800 amp) electrical system, new high-capacity gas line, and various other improvements. The building features twelve (12) dock-high doors, four (4) drive-ins, and significant amount of yard space.
±6,860 square feet are currently leased to Patio 29 Spirits Company through 2027, providing a stable stream of income for investors and users alike. The building’s open floor plan and many roll-up doors allow for the space to be easily demised and leased as smaller bays, commanding stronger rents and diversifying risk.
The property is situated downtown in the City of Winters, a charming suburb 15 miles West of Davis and 15 miles North of Vacaville. Known as the Eastern Gateway to the Napa Valley, the City has become a regional draw and has grown in popularity with Berryessa Gap Vineyards, Hotel Winters, wedding venues, and several high-end restaurants in its vibrant downtown district.
This offering is the first property of its kind to reach the market in the City of Winters since 2010, and it represents the rare opportunity to own a high-quality investment property with immediate upside through lease-up, room for growth, and the ability to develop in a thriving suburb of Davis and Vacaville.
Property Details
- Class
- B
- Year Built
- 1968
- Stories
- 1
- Property Subtype
- Distribution
- Lot Size (sq. ft)
- 92,783 SF
Highlights
- 26,793 SF Building with an Additional 12,375 SF Basement Space
- Newer Foam Roof, New Electrical (800 Amps), New Fire Sprinkler System, & Recent Seismic Retrofitting
- Use As-Is or Potential for Redevelopment for Retail, Residential, or Mixed-Use
- Perfect for Owner-User or Investor
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].