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$ 299,000
Est. payment /mo
Active
217 Percy AVE Yuba City, CA 95991
7,840 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OR26079099
HOA Y/N No
Lot Size 7,840 Sqft
Property Sub-Type Mixed Use
Property Description
This four-unit commercial property offers a rare opportunity to acquire a multi-tenant asset with significant upside potential. Each unit is separately metered for PG&E, providing flexibility for multiple tenants, simplified management, and future income growth.
The property has previously been utilized as a hair salon, bookstore, and retail spaces, showcasing its adaptability for a variety of commercial uses including retail, office, or service-based businesses. With a functional layout and multiple suites, this asset is well-suited for an investor looking to reposition and maximize returns.
The building is in need of improvements, making it an ideal project for those seeking a value-add opportunity through renovation and lease-up. With the right vision and execution, there is strong potential to increase rents and enhance overall property value.
Situated in a central Yuba City location with consistent local traffic and accessibility, the property benefits from its proximity to established businesses and surrounding neighborhoods. Additionally, being located within an Opportunity Zone presents potential long-term tax advantages for investors.
Limited on-site parking, with additional street access available.
This is a compelling opportunity for investors seeking a low-basis acquisition with the ability to add value and create long-term cash flow.
The property has previously been utilized as a hair salon, bookstore, and retail spaces, showcasing its adaptability for a variety of commercial uses including retail, office, or service-based businesses. With a functional layout and multiple suites, this asset is well-suited for an investor looking to reposition and maximize returns.
The building is in need of improvements, making it an ideal project for those seeking a value-add opportunity through renovation and lease-up. With the right vision and execution, there is strong potential to increase rents and enhance overall property value.
Situated in a central Yuba City location with consistent local traffic and accessibility, the property benefits from its proximity to established businesses and surrounding neighborhoods. Additionally, being located within an Opportunity Zone presents potential long-term tax advantages for investors.
Limited on-site parking, with additional street access available.
This is a compelling opportunity for investors seeking a low-basis acquisition with the ability to add value and create long-term cash flow.
Location
State CA
County Sutter
Zoning Commercial
Interior
Heating Natural Gas, Radiant, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside
Exterior
Fence None
Utilities Available Natural Gas Connected, Sewer Connected
Building
Lot Description 2-5 Units/Acre, Corner Lot
Story 1
Water Public
Others
Tax ID 053231001000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Gurnam Passi Century 21 Select Real Estate Inc. #02045010
NEARBY SCHOOL & BUSINESS