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:  

Data maintained by METROLIST® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise 'any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination.' This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. 

©2024 METROLIST®. All rights reserved.

Data last updated 10:40 PM UTC

 

Powered byLuxury Presence