901 S Cherokee LN Active Save Request In-Person Tour Request Virtual Tour
Lodi,CA 95240
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224127999
HOA Y/N No
Originating Board MLS Metrolist
Lot Size 0.960 Acres
Acres 0.96
Property Description
Great Investment Opportunity! This exceptional mixed-use corridor property, located in one of Lodi's busiest business districts, offers unparalleled visibility and access in an extremely high-traffic area. Boasting nearly an acre of land, this income-generating property features 9 units in total, plus a business front and a coin-operated shared laundry, providing excellent extra income potential. Additionally, the property includes 8 single-car garages/storage units, offering even more rental income opportunities. Zoned for mixed-use, it is ideally suited for a wide range of commercial or residential uses, making it a versatile investment opportunity with the potential for increased income. The prime location offers easy access to Highway 99, ensuring high accessibility for customers, clients, or residents, and is just a short distance from downtown Lodi, placing it in the heart of the city's vibrant business community. With the possibility of favorable financing terms, including the option for the seller to carry the note with 50% down payment, this property is an even more attractive investment opportunity. Don't miss the chance to capitalize on this high-potential property in a growing area with significant development opportunities.
Location
State CA
County San Joaquin
Area 20901
Direction Going north on highway 99 exit Kettleman Lane, left on Kettleman Lane, right on Cherokee Lane property is on the corner of Vine Street and South Cherokee Lane on the left-hand side of Cherokee Lane
Interior
Heating Other
Cooling Other
Flooring Other
Laundry Coin Operated
Exterior
Parking Features Garage,Uncovered,Other
Garage Spaces 8.0
Utilities Available Other
Water Access Desc Public
Total Parking Spaces 8
Building
Lot Description Corner,Other
Story 1
Foundation Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Lodi Unified
Middle Schools Lodi Unified
High Schools Lodi Unified
School District San Joaquin
Others
Senior Community No
Tax ID 047-390-02
Special Listing Condition None