Woodland, CA 95695,916 Main ST
Woodland, CA 95695,916 Main ST
Woodland, CA 95695,916 Main ST
8
$530,000
$595,000
10.9%
Est.Price: ?

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0.25 Acres Lot

916 Main ST Woodland, CA 95695

Est. payment /mo
SOLD DATE : 02/15/2024

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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

Garage Open

Utilities Available Other

Roof Type Flat

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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MetroList® Services, Inc (RESO)
Listed by Nor Cal Commercial Real Estate
Bought with Nor Cal Commercial Real Estate

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Jeff Barnhart

Realtor | License ID: 01495886

+1(916) 251-6778

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