115 N State St Ukiah, CA 95482
For Lease
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This exceptional commercial property, located at 115 N State St in Ukiah, CA, offers a variety of office spaces to suit diverse business needs. The building totals 2,500 square feet and is situated on a 0.03-acre lot in the heart of downtown Ukiah, Mendocino County. The property features a flexible layout, allowing for multiple tenancies with a minimum divisible space of 200 square feet. Currently, 600 square feet of space is immediately available. While the maximum contiguous space is 200 square feet, the building's configuration allows for creative solutions to accommodate larger requirements through the combination of multiple units. The building's strategic location above McNab's Clothing Store and across from the Mendocino County Courthouse provides high visibility and easy access to essential services. Its central downtown location offers unparalleled convenience, with proximity to numerous restaurants and coffee shops, ideal for business meetings and client interactions. This presents a unique opportunity to establish a professional presence in a thriving downtown area experiencing significant growth. The property is classified as a Traditional Office, Executive Office, and Coworking space, catering to a wide range of business models and sizes.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.