PINE GROVE PROFESSIONAL CENTER – 19881 STATE HIGHWAY 88 | PINE GROVE, CA 95665

AUCTION DATE: JUNE 15TH, 2022 NOON PT
WORLDBID AUCTION
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Investment Highlights

19881 State Highway 88 is a Multi Use Property that has approximately 13,190 sf of improvements on a 38,333 sf lot. The main office building has 6,250 sf divided among six suites for Medical, Legal, Account, Real Estate, etc. usage. The building also contains a 550 sf apartment. The property as features a 2,000 sf restaurant space that is currently occupied by Wok N’ Roll space. Additionally, there are 40 mini storage units with tremendous occupancy history with 3,750 sf and 640 sf for two 40’ Containers. The property offers multiple income streams from different real estate types for the owner to enjoy.

PRE AUCTION CONTINGENT OFFERS ACCEPTED

Property Features:

  • Diversified Tenant Mix
  • Below Market Rents
  • Centrally Located in the Town
  • Conveniently Located to Sacramento and Ski Resorts
  • Infrastructure Development of Highway 88

Investment Overview

  • Property Address: 19881 State Highway 88, Pine Grove, CA 95665
  • Property Type: Mixed Use (Office, Retail, Restaurant, Storage)
  • Square Footage of Building:
    • Total: 13,190 SF
    • Office: 6,250 SF
    • Restaurant: 2,000 SF
    • Apartment: 550 SF
    • Storage Building: 3,750 SF
    • Two 40′ Containers
  • Net Operating Income: $129,802.40
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