1342 Main St, Newman, CA, 95360

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for sale

$1,100,000

Status:	Active
MLS #:	224035577
Date Updated:	4/29/2024

For information contact:
Tinetti Realty Group
209-384-3885

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Go See This Property

Step into a piece of history with this charming historical hotel, a timeless gem built in 1907 & renovated in recent years. Nestled in the heart of downtown Newman, CA, this iconic property offers a unique opportunity to own a piece of local heritage. With 14 units upstairs & boasting modern amenities, plus a thriving restaurant/salon, store front & office downstairs. The lucrative rental opportunity of a steady stream of income is what any investor seeks, or a lucrative opportunity for the visionary entrepreneur.

Interior Details
Flooring: Tile, Carpet	Building Features: Manager's Office, 12 to 18 Ft Ceilings, Multiple Tenant Building, Other Restroom Facilities, Patio, Restroom(s)-Private, Front Sign, Some Furnished Units, Hood System, Trade Fixtures, Kitchen Facilities, See Remarks, Other, Low-Flow Toilet(s)
Stories: 2	Space 1 - Unit SqFt: 0
Space 2 - Unit SqFt: 0	Space 3 - Unit SqFt: 0
Space 4 - Unit SqFt: 0	Industrial SqFt: 0
Minimum Available SqFt: 0	# of Elevators: 0
# of Floors: 0	# of Offices: 16
# of Restrooms: 3	Net Rentable SqFt: 0
Office SqFt: 0	Retail SqFt: 0
Tenant SqFt: 0	Warehouse SqFt: 0
Square Footage: 6400.00

Exterior Details
Parking Features: Public, Street	Total Units: 1
Roof: Flat	Loading: Other
Lot Size Acres: 0.1722	Dock Doors: 0
Lot Features: Low Maintenance, Sidewalk/Curb/Gutter, Storm Drain, Street Lights	# of Buildings: 0
Total Parking Spaces: 0.00	# of Truck Doors: 0
Parking Ratio: 0.00	Road Frontage: City Street
Irrigation: Other

Community Information
APN: 128-010-019-000	Zoning: C-1
County: Stanislaus	Cross Street: Fresno Street
Directions to Property: Hwy 33 to Fresno Street West, Right on Main Street.	Location: Downtown
Building Name: St. George	# of Tenants: 14

Property Information From MLS Data
Construction Materials: Brick, Wood	Accessibility Features: Accessible Bathroom(s)
Property Condition: Updated/Remodeled, Exterior-Good, Interior-Good, See Remarks	Special Listing Conditions: None
Property Subtype: Mixed Use	Business Type: Bar/Tavern/Lounge, Professional Service, Restaurant, Other
Parking Clearance Height (in): 0	Parking Clearance Height (ft): 0
Current Use: Restaurant, Mixed Use, Office, Other	Floor #: 0
Percent Office: 0	Sewer: Other
Structure: Mixed Use	Tenant Allow/SqFt: 0
Tenant Allow/Fixed: 0.00	Year Built Source: Other
Year Renovated: 0	Green Verification Year: 0
Year Built: 1907	Commission Type: %
Commission To Buyer Broker: 4

Financial Information
Tenant Pays: See Remarks	Space 1 - $ / SqFt: 0.00
Space 1 - # Yr Lease: 0	Space 2 - $ / SqFt: 0.00
Space 2 - # Yr Lease: 0	Space 3 - $ / SqFt: 0
Space 3 - # Yr Lease: 0	Space 4 - $ / SqFt: 0.00
Space 4 - # Yr Lease: 0	Cost Per SqFt: 0.00
Maximum Lease (Yrs): 0	Minimum Lease (Yrs): 0

Utilities
Cooling: Central	Heating: Central
Electric: 3 Phase, 200 to 400 Amp Service, Separate Electric Meter	Utilities: Separate Gas Meter, Cable Available, DSL Available, Internet Available, Master Gas Meter, Master Water Meter, Natural Gas Connected
Water Source: Public

Listing Information Courtesy of:

Listing Office Name: PMZ Real Estate

Listing Agent Name: Katrina L Sousa

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Monthly Payment for 1342 Main St

This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.

Price:	$1,100,000
Down Payment:
Loan Amount:	$880,000
Loan Type:	30 year fixed at %
Principal & Interest:
Property Taxes:	(1.5%)
Homeowner's Insurance:
Total Payment:

Listing courtesy of Katrina Sousa, PMZ Real Estate

Information obtained from CAMMLS is current as of 4/29/2024 10:22 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Status Explained

Multiple Listing Services use a variety of statuses with their listings, and sometimes a combination of statuses. Below is a list of common terms you may see.

Status	Meaning
Active	Available for purchase
Active with Contract Backup Contingent Cont Continue to Show Pending Under Deposit Under Contract	Available but the listing has an offer on it and is being displayed to solicit backup offers. You may be able to make an offer but you will be competing with another buyer. Contact an agent to discuss making an offer.
Back On Market	Available. The listing was previously unavailable
Cancelled Closed Sold Expired Off Market Withdrawn	No longer available.
New	Available, recently listed
Price Raised Reduced Changed	Available and has recently had a price change
Short Short Sale	Available but requires a bank approval for any offer

Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Connecting with Buyers and Sellers

Tinetti Realty Group is a full service Real Estate Brokerage Firm for the Central Valley of California. Our goal is to find the perfect solution for your Real Estate needs. Our firm prides itself in having specialized agents for both Commercial and Residential Real Estate. Preview our listings and let one of our specialized agents assist you in finding the right property. If we don’t have it, we’ll find it!