About This Home

This 0-bedroom, 0-bathroom commercial at 1198 N State Street in Ukiah, CA is listed for $1,450,000. Built in 1953, on a 0.69 acres lot.

Key Features

  • Built in 1953
  • 0.69 acre lot

Property Details

1 story
1953
Listing Description

Highly visible multi-tenant retail property on busy State Street in the heart of Ukiah! Investment offering includes multiple buildings totaling 10,980+/- SF on 2 contiguous parcels totaling 0.69 acres, delivering both State Street frontage & accessibility in one of the city's most trafficked areas.

Fully occupied by 3 established tenants providing immediate income & long-term investment stability. 1198 N. State Street is 6,480+/- SF demised into 2 spaces positioned on the corner with a monument sign. Adjacent 1178 N. State Street is 3,500+/- SF with 400 amp power, a 1,000+/-SF outbuilding & partially fenced lot for security.

Each space has a glass lined storefront with front showrooms & back office areas with storage. Onsite parking lot provides convenience for tenants & customers. Strategically located on State Street near Hwy 101's North State Street exit with proximity to nearby businesses like In N Out, Raley's, Boot Barn, Taco Bell & many more.

Prominent corner location ensures excellent exposure, making it a valuable asset for current & future leasing potential. With consistent traffic flow, strong visibility & a solid tenant mix, this property represents an ideal acquisition for investors seeking a stabilized asset with growth potential in a thriving commercial corridor!

Monthly Cost Estimate

$7,755/mo

20% down · 6.5% · 30 years

Principal$1,049
Interest$6,283
Insurance$423

Estimates only. Actual payments may vary.

Location

1198 N State Street

Ukiah, CA 95482

Property Details

Flooring

Carpet

Parking

OpenOn Street

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1198 N State Street is listed at $1,450,000. The estimated monthly payment is $7,755 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1953, 0.69 acre lot.

This property is listed by Todd Schapmire and can be reached at 7075709855.

TS

Todd Schapmire

Agent at W Real Estate

(707) 570-9855

Listed by W Real Estate · Broker phone: 7075910570

MLS# 325077931· Source: Bay Area Real Estate Information Services, Inc.· 98 days on PropertySimple

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1198 N State Street, Ukiah, CA 95482

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