Current Use by Public Records
- Retail properties & Spaces
Property Details for 421-423 D St
- Year built
- 1935
- Property type
- Retail properties & Spaces
- Property subtype
- Mixed-use properties
Description
This exceptional investment opportunity presents a three-story, 12,196 square foot mixed-use building located at 421-423 D St, Marysville, CA 95901. Built in 1935, the property boasts a prime downtown location and offers a blend of residential and commercial spaces. The building comprises eight residential units and three commercial units, all currently 100% occupied, generating a substantial annual gross rent of $10,400 and a Net Operating Income (NOI) of $84,000. This translates to an attractive 7.01% cap rate. The property's strong occupancy rate and consistent cash flow make it an ideal investment for those seeking immediate returns and long-term growth. The diverse tenant base ensures a stable income stream, while the strategic downtown location provides excellent access to amenities and high foot traffic for the commercial spaces. This presents a rare opportunity to acquire a well-established, high-performing mixed-use property in a thriving California market. The building's solid financial performance, coupled with its desirable location, makes it a compelling investment prospect. This is a turnkey operation with immediate income potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marysville
- County
- Yuba
- State
- California
- Longitude
- -121.589
- Latitude
- 39.14
