Description

BANKRUPTCY SALE — SUBJECT TO BANKRUPTCY COURT APPROVAL.

The offering includes two fee-condominium units at Benicia Fleetside Business Center totaling 6,523 square feet: Unit B (3,014 SF; APN 0080-380-030) and Unit E (3,509 SF; APN 0080-380-060). The units are offered at $250 per square foot, equating to a combined asking price of $1,630,750.

The concrete tilt-up property offers two roll-up doors, 16- to 18-foot clear height, building power of 2,000 amps at 277/480 volts, approximately 2 parking spaces per 1,000 square feet, a large private parking field, and prominent visibility and signage opportunities along Interstate 680. The two units are part of a 17,437-square-foot building; prospective buyers may inquire with the broker regarding a potential purchase of the entire building.

2024 property taxes were $5,690 for Unit B and $5,230 for Unit E. The seller is a debtor and debtor in possession in jointly administered Chapter 11 proceedings, In re LeFever Mattson, a California corporation, and In re KS Mattson Partners, LP, Case No. 24-10545 (CN), in the United States Bankruptcy Court for the Northern District of California. Any purchase is subject to approval of the Bankruptcy Court.