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290 Seminary Ave 10,326 SF 30% Leased Retail Building Ukiah, CA 95482 $740,000 ($71.66/SF) 5.07% Cap Rate
EXECUTIVE SUMMARY
Rare opportunity! Mixed use building, with an additional fenced vacant parking lot. C1 zoned half acre in the heart of downtown Ukiah! Five street level commercial spaces and two rooftop residential units with incredible views. Tenants pay all utilities and garbage. Separate electric meters. Great for owner occupied business. Hard to find C1 zoning allows for many potential future and current uses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,326 SF
Building Class
C
Year Built
1944
Price
$740,000
Price Per SF
$71.66
Cap Rate
5.07%
NOI
$37,500
Percent Leased
30%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.50
Lot Size
0.47 AC
Zoning
C1 - Commercial
Walk Score®
Walker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 002-263-04-00 | Improvements Assessment | $426,683 |
| Land Assessment | $284,454 | Total Assessment | $711,137 |
PROPERTY TAXES
Parcel Number
002-263-04-00
Land Assessment
$284,454
Improvements Assessment
$426,683
Total Assessment
$711,137
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Presented by
Palma Properties, Inc
290 Seminary Ave
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