$530,000
$595,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
916 Main ST Woodland, CA 95695
0.25 Acres Lot
Key Details
Sold Price $530,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223084831
Year Built 1986
Lot Size 10,890 Sqft
Property Description
916 Main Street is an excellent acquisition opportunity for an owner occupant or investor to own a small free standing building in the desirable Downtown Woodland submarket. The property consists of 4 individually metered tenant spaces. There is one tenant in the building occupying Ste. C - which expires 12/31/2023, allowing the possibility for an owner user to reconfigure the existing layout and operate in the entire building. Alternately, the new owner can keep the 4 tenant configuration and lease to small local tenants and earn an estimated 7% CAP rate. The building was built in 1986 with a unique architectural style, and measuring approximately 2,800 sf. It is situated on an approximately 10,367 sf parcel. The parking lot offers 11 off street parking spaces- a ratio of almost 4 spaces per 1000 sf of space.. The building is in constructed with concrete block and is in very well maintained condition. Due to the very small sized suites, a new owner can create value by making minor cosmetic improvements to the suites and leasing to a host of different tenant uses.
Location
State CA
County Yolo
Area 11415
Interior
Heating Central
Cooling Central
Flooring Combo of Materials
Exterior
Parking Features Open
Utilities Available Other
Roof Type Flat
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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Bought with Nor Cal Commercial Real Estate