616 E St Marysville, CA 95901
- Office Properties & Spaces
- 4,147 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 616 E St
- Property size
- 4,147 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This vacant, three-story Class C office building at 616 E St, Marysville, CA 95901, presents a compelling value-add opportunity. The 4,147 square foot property, situated in the heart of Downtown Marysville with excellent Highway 70 frontage, is currently vacant but was previously occupied by a medical back-office tenant. The building features over 10 office spaces and 5 bathrooms, served by central HVAC. Zoned C-2, it offers significant potential for conversion into residential units or condos, aligning with the city's revitalization plan for a more vibrant downtown. The asking price is $1,200,000, translating to $289.37 per square foot. This property represents a unique chance to capitalize on the rapid growth experienced in Yuba County and contribute to the ongoing transformation of Downtown Marysville. The building consists of one structure with three stories and has an APN of 010-114-005-000. This is a truly exceptional opportunity for investors seeking a value-add project with significant upside potential in a rapidly developing area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marysville
- County
- Yuba
- State
- California
- Longitude
- -121.591
- Latitude
- 39.1418
