509 East St Charles Street

509 East St Charles Street, San Andreas, CA 95249

  • For Sale $5,900,000
  • Property Type Office - General Office
  • Property Size 31,228 SF
  • Units 1
  • Lot Size 3.47 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 2001
  • Date Updated Oct 14, 2024
San Andreas was founded during the California gold rush in the High Sierra region of Northern California and is the county seat for Calaveras County. Calaveras County is well known for its high quality of living in the foothills of California, with rolling hills, green valleys, outdoor adventures, and rich history. The region offers a growing wine industry, the Calaveras County Fair, Moaning Caverns Adventure Park, Bear Valle Music Festival, and the California Frog Jumping Jubilee. San Andreas is located on State Route 49. It is roughly one hour from both Sacramento (70 miles) and Stockton (42 miles), and located roughly two hours from San Francisco (125 miles). The region has seen significant investment and appreciation in the last 24 months, as major rural areas have experienced a surge of homebuyers looking to relocate out of the major cities.KW Commercial is pleased to present the unique opportunity to purchase 509 East St Charles St and 585 Mountain Ranch Rd in San Andreas, CA. This Single Tenant Leased Investment has been occupied by The County of Calaveras's Human Services & Public Health Department for over 25 years and consists of an approximately 31,228 sq ft building situated on 3.47 AC. With no new competitive speculative construction occurring within the submarket and an acquisition price that is significantly below replacement cost, this offering provides an investor the opportunity to achieve a stable, appreciating cash-on-cash return with a very real potential for upside via long-term, valuable lease extensions for a Tenant which will likely be in this location indefinitely. The location is preferred by Calaveras County agencies, all of which are headquartered within 1/2 mile of the subject property.

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Attachments

Highlights

  • The County of Calaveras has occupied the building since it was built in 2001
  • Priced significantly below replacement cost
  • 2% annual escalations
  • Modified gross lease with tenant responsible for utilities & janitorial
  • Significant barriers to entry for any new development
  • Parking Lot recently re-sealed & re-striped
  • Well-maintained building with established presence
  • Tenant is heavily invested in the property and is currently adding EV Charging stations

Contacts

broker

Bill Johnson

William Johnson - KW Commercial - Stockton

Location

Getting Around

  • Walk Score ®

    34/100 Car-Dependent
  • Bike Score ®

    12/100 Somewhat Bikeable
Powered by Walk Score ®
  • City San Andreas, CA
  • Zip Code 95249

Points of Interest

  • Shell

    9.67 miles

  • Rich Gulch Trail Access Point

    8.05 miles

  • Middle Bar Trail Access Point

    8.59 miles

  • Campo Seco Staging Area

    8.97 miles

  • Black Bart Motel

    0.62 miles

  • Bonnie's Inn Motel

    0.91 miles

  • Hotel Leger

    7.89 miles

  • Travelodge Angels Camp CA

    9.08 miles

  • Gooney's Bar & Grill

    0.58 miles

  • Pizza Factory

    0.99 miles

  • Hotel Leger Restaurant and Saloon

    7.89 miles

  • Taco Bell

    8.25 miles

  • Burger King

    8.28 miles

  • McDonald's

    9.65 miles

  • San Andreas Elementary School

    0.66 miles

  • Calaveras High School

    0.87 miles

  • Toyon Middle School

    4.80 miles

  • Fricot Ranch School

    7.54 miles

  • Mokelumne Hill Elementary School

    7.67 miles

  • Valley Springs Elementary School

    8.64 miles

  • Altaville Grammar School

    9.58 miles

Frequently Asked Questions

How much does 509 East St Charles Street cost?

The space currently listed for sale at 509 East St Charles Street asks for $5,900,000.

What is the total square footage of 509 East St Charles Street?

509 East St Charles Street totals 31,228 square feet.

When was this property built?

509 East St Charles Street was built in 2001.

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Contact Listing Broker

broker

Bill Johnson

William Johnson - KW Commercial - Stockton