Active
901 S Cherokee Lane
Lodi CA, 95240
$1,950,000
Active
Multi-family
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.
224127999
MLSⓇ ID
November 20, 2024
Listed
December 9, 2024
Updated
Map
901 S Cherokee Lane
Lodi CA, 95240
Interior Features
Total Stories
1
Interior Features
Other
Laundry Description
Common Area
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.96 Acres
Lot Features
Corner Lot, Other
Sewer
Public Sewer
School Information
School District
Lodi Unified
Other Property Details
Garage
Yes
Garage Spaces
8
Parking
Garage, Other
Parking Total
8
View
No
County
San Joaquin
Water Source
Public
Pool
No
Zoning
MCO Mix use Corridor
Courtesy of Cornerstone Real Estate Group, Ernesto Aguila,
Listing Contact:
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