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    111 State St Ukiah, CA 95482

    Sponsored
    For Sale
    $475,000

    Prime State Street location, restaurant-ready.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property, located at 111 S State Street in the heart of downtown Ukiah, California, presents a rare investment opportunity. Situated on a 0.05-acre lot, this highly visible building boasts prime State Street frontage, ensuring excellent exposure and high foot traffic. The property is fully equipped for a successful restaurant operation, offering a turnkey solution for an ambitious entrepreneur. This represents a significant advantage, eliminating the need for extensive renovations or equipment purchases. The building's location within the thriving downtown Ukiah area positions it perfectly to capitalize on the city's continued growth and development. This is an ideal opportunity for an investor seeking a strong return on investment in a desirable and dynamic location. The property's turnkey restaurant setup, combined with its prominent location and the potential for future growth in Ukiah, makes this a truly compelling investment prospect. The asking price for this unique property is $475,000. Don't miss this chance to own a piece of downtown Ukiah's vibrant commercial landscape. Serious inquiries are encouraged.

    Property Features for 111 State St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1890
    Property Profile Location Intelligence

    Current Use by Public Records

    D.William Jewelers Jewelry Store Mac Nab's Men's ... Men'S Clothing Store Villa Del Mar Mexican Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ukiah
    County
    Mendocino
    State
    California
    Longitude
    -123.2073
    Latitude
    39.14968

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    FAQs

    What type of property is this?
    Mixed-use property - Prime State Street location, restaurant-ready.
    Where is this mixed-use property located?
    The property is located at 111 State St Ukiah, CA.
    What is the asking price?
    The asking price for this property is $475,000.
    (707) 380-0003
    Request Owner's contact information
    111 State St Ukiah, CA 95482
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    Ukiah, CA 95482
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 State St Ukiah, CA 95482
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