Property Attributes
- MLS#223112701
- TypePending
- CountySUTTER
- CityYuba City
- AreaYuba City
- Zip95991
- StyleMixed Use
- Price$ 1,300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5296
- Lot Size6,534 SqFt
Data Source:
MetroList MLS
Property Description
6.9 Cap Rate. This offering provides an opportunity for an investor to acquire a fully leased seven-unit 5,613 sf mixed use property located at one of the prime corners in the heart of the recently renovated Plumas Street Shopping District. Fronting on both Plumas and Center Streets, the tenant mix consists of retail, restaurant, and one second floor apartment unit. This location benefits from excellent visibility, substantial foot traffic and the strong demographics of the Sutter-Yuba area with a metro population of over 168,000. Offered at a 6.9% cap rate, the financials are available with the signing of Non-Disclosure Agreement. Contact listing agent for details. Located 40 miles north of Sacramento, Yuba City is the agricultural, economic, and social hub of the Yuba-Sutter Region. Providing a unique blend of urban amenities and small-town charm, Yuba City's historic downtown is the perfect backdrop for shopping, entertainment and community events. Residents and visitors of Yuba City enjoy a wide variety of outdoor recreation, an abundance of locally grown produce, and family-friendly venues including beautiful parks and anaquatic center.
Price History | |
---|---|
11/30/2023 | Listed $1,499,999 |
1/16/2024 | 7% - $1,400,000 |
2/12/2024 | 4% - $1,350,000 |
3/4/2024 | 4% - $1,300,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Central,MultiUnits |
Cooling | Central,MultiUnits |
Utilities | Telephone,Internet Available,Master Water Meter |
Roof | Flat,Other |
Construction Materials | Brick,Concrete,Frame |
Year Built | 1953 |
Electric | 1 Phase,Separate Electric Meter |
Tenant Pays | Electricity,Gas,Water |
Topography | Level |
Loading | Alley |
Property SubType | Mixed Use |
Current Use | Residential,Restaurant,Retail,Varies by Unit |
Location | Downtown,Restaurant Nearby,Shopping Nearby |
OwnerPays | Grounds Care,Management |
Business Type | Commercial,Restaurant,Other |
County | Sutter |
Property Type | CommercialSale |
Building Features | Multiple Tenant Building,Restroom(s)-Public,Front Sign,Hood System,Individual Thermostat Control,Kitchen Facilities,Varies by Unit |
Close Price | 0.0 |
Status | Pending Bring Backup |
Directions | Located at the corner Plumas Street & Center Street in downtown Yuba City |
City | Yuba City |
Buyer Agent Compensation | 2.5 |
Zoning Description | commercial |
Total Units | 7 |
MLS Area | 12410 |
Lot Size Square Feet | 6534.0 |
Street Name | Center |
Property Condition | Exterior-Good,Interior-Good |
Ok to Lease | Other |
Structure Type | Mixed Use,Retail |
Standard Status | Pending |
Year Built Source | Appraiser |
Buyer Agent Compensation Type | Percent |
Interior Features
Walls | Common Wall |
---|---|
Flooring | Carpet,Combo of Materials,Concrete,Linoleum |
Street Suffix | Street |
Exterior Features
Parking Features | Open,Public,Street,Lighted |
---|---|
Lot Features | Corner,Sidewalk/Curb/Gutter,Street Lights |
Water Source | Public |
Total Parking | 0.0 |
Building Area Total | 5296.0 |
Lot Size Acres | 0.15 |
Lot Size Source | Assessor Auto-Fill |
Road Frontage Type | City Street |
Parking Ratio | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool