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1016 AMERICAN WAY

Commercial Recently Sold
$4,850,000

BTC: 75.78125000

ETH: 2,777.77777778

Sold on: 2026-04-16
76 days
0 room(s)
16,250 sqft

Overview

Excellent investment opportunity featuring 16 fully rented industrial condo units offering stable cash flow and long-term upside. The property is comprised of well-maintained units with functional layouts suitable for a variety of industrial and commercial uses. Strong tenant occupancy provides immediate income, making this an ideal asset for investors seeking dependable returns. Convenient access to major transportation routes, established industrial corridors, and surrounding amenities enhances tenant demand and retention. Low-maintenance ownership with individual condo units allows for flexible hold or future resale strategies. A rare chance to acquire a multi-unit industrial portfolio in a desirable market.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
2019
Lot:
2.00 Acres
Heating:
No Data
Price/sqft:
$306
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$22,123
2025
All facts and features
  • Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 2.00 Acres

    Other Property Information

    • Parcel Number: 302529340800010080

    • Zoning: OIR

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Other financial information

    • Annual tax amount: $22,124

  • Source details

    • MLS ID: O6377744

    Other facts

    • Construction Materials: Metal Frame / Metal Siding

    • Foundation Details: Slab

    • Living Area: 16250

    • Subdivision Name: HOAGLAND INDUS PARK LANDSITE CONDO PH 1 & 2

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 CARIOTI