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7450 Pitt School RD Dixon, CA 95620
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Key Details
Sold Price $662,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23119069
Sold Date 01/03/24
HOA Y/N No
Year Built 1948
Lot Size 1.372 Acres
Property Sub-Type Mixed Use
Property Description
3 PROPERTIES IN 1!!! Great Commercial Investment Opportunity in Dixon CA!!! 35 minutes away from the State
Capital, Sacramento CA. This property has 3 different addresses, and 3 different APN's, with a combined lot size of
around 60,000 sqft, and 10,268 sqft of living area according to title. There is a Junk Yard business leasing part of it
for $3,000 a month. A side from that, the original owners leased certain real property, together with access and
utility easements, to 2 Cellular Tower Companies, which could bring in an additional $4,000 a month. One Tower lease contract ends until 2055, and the other ends until 2038. At the conclusion of the existing lease terms, both cellular tower companies have the option of automatically
extending and renewing the lease contract, with one cellular company increasing their lease by 15% every 5 years.
Here are the other two properties: APN's 0109-120-060 & 0109-120-070
Location
State CA
County Solano
Interior
Fireplace No
Laundry None
Exterior
Fence Average Condition
Utilities Available Sewer Available, Water Connected
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 0109120080
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Burhan Mehmood Bay 1st Investment Inc.