Property summary
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 profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
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Clothing & Fashion Store
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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