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    Turnkey Climate Controlled Storage Facility Title is generated by Realmo AI

    204 S Broadway, Yreka, CA 96097

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    For Sale
    $685,000

    COMMERCIAL - Yreka, CA

    Property size:
    11,640 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $58/SF
    Added:
    Oct 23, 2025
    Days on Market:
    216
    Last Refresh:
    May 26 at 3:06 pm

    Property Features for 204 S Broadway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1, Basement
    Security features
    Security System, Security Lighting
    Interior features
    Security System
    Exterior features
    Disabled Parking, RV Parking, Security Lighting, Sidewalk
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    Size
    11,640 SF
    Lot size
    0.11 Acres

    Utilities

    Utilities
    Propane
    Heating system
    Electric (Heating)

    Building Details

    Year built
    1938
    Number of units
    120
    Flooring type
    Wood, Carpet
    Architectural style
    Other

    We can help!

    Listing Contact
    Joe Faris

    Listing agent Joe Faris License #01721387

    Listing office Siskiyou Realty Group 506 4th St, Yreka, CA

    Listing date Oct 23, 2025

    MLS# 20251195

    Copyright © 2026 Siskiyou Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Only dedicated indoor climate controlled self‑storage facility in Siskiyou County, California.
    • 120 rentable units in a 11,640 square foot three‑level building.
    • Prime location with high visibility and easy Interstate 5 access.
    • Includes 1,000 square feet of retail space that can be used as a gift shop, leased, or converted to storage.
    • Electric lifts for transporting goods between levels.
    • Turnkey business with training and all tangible/intangible assets included.

    Overview

    This is a turnkey indoor climate-controlled self-storage business. Broadway Storage features 120 rentable units and is the only dedicated indoor climate-controlled self-storage facility in Siskiyou County, California. The 11,640 square foot three-level building contains first-class galvanized storage units that can be moved or reconfigured. Electric lifts facilitate transporting stored goods from street level to mezzanine and basement units. The building includes 1,000 square feet of retail space with display windows in a historical area frequented by locals and tourists. This space could continue as a high-end gift shop, be leased out, or converted to additional storage units. The steel-reinforced concrete building is well-kept and has exposure on Broadway, Lane, and Main Streets, with access to Interstate 5 at the central Yreka interchange. The property has parking and easy access. The lot size is 0.11 acres. The property is located in Yreka, California.
    Property Profile Location Intelligence

    Current Use by Public Records

    Broadway Gifts (Bike/Boat/Book/etc) Store Broadway Storage Storage Facility Broadway Business Services Business Service Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Yreka
    County
    Siskiyou
    State
    California
    Longitude
    -122.6363544
    Latitude
    41.7306365

    Nearby Similar for Sale

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      View Details
    • $1,564,000
      21,690 SF

      Five-Acre Property with Expansion Potential

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    FAQs

    What type of property is this?
    Self storage facility - Indoor climate-controlled self-storage business with retail space in Yreka.
    Where is this self storage facility located?
    The property is located at 204 S Broadway Yreka, CA.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: Only dedicated indoor climate controlled self‑storage facility in Siskiyou County, California.; 120 rentable units in a 11,640 square foot three‑level building.; Prime location with high visibility and easy Interstate 5 access.
    (530) 598-4020
    We can help!
    Listing Contact
    Joe Faris
    Real Estate License ID: 01721387
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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