295 State St Ukiah, CA 95482
- Retail space
- 0.22 lot acres
Current Use by Public Records
- Stan's Maple Cafe / Restaurant
- Pure Blendz Barbershop / Barber Shop
Property Details for 295 State St
- Lot size
- 0.22 lot acres
- Property type
- Retail space
- APN
- 002-227-13-00
- APU
- 22271300
Description
This exceptional commercial property, located at 295 N State Street in the heart of downtown Ukiah, California, presents a unique investment or business opportunity. The building encompasses three distinct spaces, totaling 7,700 square feet, offering significant flexibility for a variety of uses. Its prime downtown location ensures high visibility and foot traffic, ideal for retail businesses or restaurants. The property's history is rich, and it's ready for a revitalization. Currently, one space is occupied by a thriving barber shop, demonstrating the property's inherent appeal and potential for consistent income. Each of the three spaces benefits from separate gas and electric meters, providing efficient utility management. The 0.23-acre lot offers ample space for outdoor seating or other business-related activities. This property is being offered at $599,000. The seller may consider financing options, making this an even more attractive proposition for potential buyers. Don't miss this chance to acquire a substantial commercial property in a vibrant downtown setting. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $735,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $640,000
- 6.5%
- $665,000
- 7%
- $675,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $620,000
- Geo Method
- $710,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $645,000
- Retail
- $595,000
- Mixed-Use
- $605,000
- Hospitality
- $605,000
- Educational
- $815,000
- Residential Income
- $735,000
- Energy
- $740,000
- Income-Based Land
- $625,000
- Food Service
- $675,000
Location Insight
- Map
- Local Demand
- City
- Ukiah
- County
- Mendocino
- State
- California
- Longitude
- -123.208
- Latitude
- 39.1511
- CBSA code
- 46380
- CBSA name
- UKIAH, CA MICROPOLITAN STATISTICAL AREA