Location, Location in the heart of downtown Ukiah, 205 West Clay Street, along w/ its adjacent vacant lot (additional APN), offers a compelling investment opportunity w/ both immediate cash flow & long term upside. This fully leased 1,420sqft commercial asset consists of five rentable office spaces, generating stable income. Several… Read More tenants are on month to month leases, providing built in flexibility for repositioning, redevelopment, or potential owner occupancy if desired. Adjacent to School Street & directly across from the new Tesla Supercharger station, this location delivers steady foot traffic & strong visibility. Surrounded by shops, dining, & the farmers market, it's a prime spot for professionals & future development. The site is zoned General Urban (GU), allowing for a wide range of uses including professional office, residential, & mixed use development. Appreciate the rare opportunity to develop up to 3-stories, unlocking potential for increased density, NOI, & resale value. Whether held as a cash flowing asset, repositioned for higher rent tenants, or redeveloped for mixed use or residential units, the property offers multiple value add strategies & exit opportunities; representing a highly attractive opportunity in one of Ukiah's most desirable corridors. Read Less
Listing courtesy of David Palma, eXp Realty of California, Inc 7079559903
Listing Snapshot
Days Online
78
Last Updated
Property Type
Commercial Sale
Square Ft.
1,420
Lot Size
0.17 Acres
Year Built
1922
MLS Number
325031796
30 Days Snapshot Of 95482
$514k
-11%
(avg) sold price
16
-27%
homes sold
92
+48%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1922, Construction status: Frame, Wood, 1,420 office square feet, 1,420 retail square feet, 1,420 square feet, 1 building, 5 offices, Office, 1, Detached, Mixed Use, Office
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