Technical
Financial
Distress signals
Property profile

349 Main St Willits, CA 95490

OFF-MARKET
Retail space
Property ID
US09-2121605
0.12 ac lot
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 349 S Main Street in the heart of Willits, California, presents a compelling investment opportunity. Situated on a desirable 0.12-acre corner lot with prominent downtown street frontage, this building offers significant potential for a variety of commercial ventures. Currently configured as a restaurant, the property boasts a fully equipped kitchen featuring a recently installed nine-foot hood system, ensuring compliance with all necessary health and safety regulations. The layout includes a comfortable interior dining area, a convenient covered patio perfect for outdoor seating, and an operable drive-through window, adding to the property's versatility and potential revenue streams. Accessibility is ensured with an ADA-compliant restroom and dining area, catering to a wider range of clientele. The property's central location within the vibrant downtown area provides excellent visibility and accessibility, making it an ideal location for a thriving business. This turnkey restaurant setup offers immediate operational capabilities, minimizing start-up time and costs. However, the adaptable layout and features also make it suitable for a variety of other storefront businesses. The property's prime location and versatile design make it a truly unique opportunity in the Willits commercial real estate market. The asking price is $325,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.12 ac (5,227 SF)
APN 006-045-26-00
UPID US09-2121605

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

349 Main St Willits, CA 95490-3951
Willits metro Census 10700 UKIAH, CA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2019
4 recorded transactions
2019
$210,000
2019
Price N/A
2002
$160,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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