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Remodeled Office Building on State

660 N State, Ukiah, CA 95482

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For Sale

$599,000

Remodeled 2,320 SF office with park-like creek-front setting.

Type:Commercial

Property size:

2,320 SF

Lot size:

0.25 Acres

Price / SF:

$258/SF

HighLights

Prime downtown location on a quarter‑acre creek‑front lot.
Completely remodeled 2,320 sq ft office building.
Versatile layout suitable for medical, professional services, or other uses.
Onsite parking and multiple entrances.
Charming craftsman bungalow with bay windows, brick fireplace, and wainscotting.
Features a kitchen and shower.

We can help!

Listing Contact

TODD SCHAPMIRE

For Sale

$599,000

Remodeled 2,320 SF office with park-like creek-front setting.

Type:Commercial

Property size:

2,320 SF

Lot size:

0.25 Acres

Price / SF:

$258/SF

Added:: Apr 30, 2024
Days on Market:: 777
Last Refresh:: Apr 5 at 9:13 pm

Property Features for 660 N State

General Information

Standard status: Active
Size: 2,320 SF
Lot size: 0.25 Acres
Property subtype: Commercial

Building Details

Year Built: 1921

We can help!

Listing Contact

TODD SCHAPMIRE

Listing agent TODD SCHAPMIRE License #01414195

Listing office W REAL ESTATE

Listing date Apr 30, 2024

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of W REAL ESTATE

HighLights

Prime downtown location on a quarter‑acre creek‑front lot.
Completely remodeled 2,320 sq ft office building.
Versatile layout suitable for medical, professional services, or other uses.
Onsite parking and multiple entrances.
Charming craftsman bungalow with bay windows, brick fireplace, and wainscotting.
Features a kitchen and shower.

Overview

This remodeled office building is located on State Street. The 2,320 square foot building features numerous offices, a kitchen, a shower, multiple entrances, and onsite parking. The versatile layout allows for medical or professional services or a variety of other uses. The craftsman bungalow exudes charm with bay windows, a brick fireplace, wainscotting, and laminate hardwood floors. Manicured grounds surround the building. A covered porch and bright lobby with reception area greet customers and employees. It is located in a park-like creek-front setting. This property is suitable for owner-users or investors looking for a downtown property.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$100.2k	$43.20
− Vacancy	−$14.2k	−$6.13
EGI	$86.0k	$37.07
− OpEx	−$34.4k	−$14.83
NOI	$51.6k	$22.24

2,320 SF · lease $43.20/SF/yr · vacancy 14.20% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$737.1K

$644.9K – $859.9K (±1% cap)

NOI $51,595 @ 7.0% cap · market cap 8.61%

Second Best

Office B

$481.1K

$421.0K – $561.3K (±1% cap)

NOI $33,680 @ 7.0% cap · market cap 5.62%

Theoretical Best

Flex RnD

$867.4K

$759.0K – $1.01M (±1% cap)

NOI $60,716 @ 7.0% cap · market cap 10.14%

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

Property Profile Location Intelligence

Current Use by Public Records

Barrington Robert W ... Dental Office Ortega Kathy Dental Office Cole Barbara Dental Office North State Trail Hiking Area

Suggested Use

Location Insight

Map
Local Demand

City: Ukiah
County: Mendocino
State: California
Longitude: -123.209
Latitude: 39.156

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For sale
Office buildings
CA
Ukiah
95482
660 N State

What type of property is this?

Office building - Remodeled 2,320 SF office with park-like creek-front setting.

Where is this office building located?

The property is located at 660 N State Ukiah, CA.

What is the asking price?

The asking price for this property is $599,000.

What are key features of this property?

This property features: Prime downtown location on a quarter‑acre creek‑front lot.; Completely remodeled 2,320 sq ft office building.; Versatile layout suitable for medical, professional services, or other uses.