837 Hazel St Gridley, CA 95948-2111
This exceptional 2,550 square foot retail property, located at 837 Hazel Street in Gridley, CA, presents a rare opportunity to own a piece of history. Originally constructed as the Rideout Bank and designed by the renowned architect Julia Morgan, this building boasts impressive architectural details and enduring quality. The original bank vault remains a unique feature, adding to the property's historical significance. The main floor showcases stunning 24-foot ceilings and remarkably durable 19-inch thick concrete walls, creating a spacious and adaptable environment suitable for a variety of commercial uses. The upper floor offers versatile space, including a bedroom, two office spaces, and a bathroom, providing potential for live/work arrangements or additional rental income. Situated on a 0.06-acre lot in Gridley's historic district, this property benefits from its central location amongst charming shops and local attractions. This landmark building offers a blend of historical charm and modern adaptability, making it an ideal investment for those seeking a unique and prestigious commercial space. The asking price is $285,000. This is a truly exceptional opportunity to acquire a significant piece of Gridley's heritage and establish a thriving business in a vibrant community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
C1 · Gridley, CACosts & 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.