217 Percy Avenue,Yuba City, CA 95991
Yuba City, CA 95991
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.
Details
| MLS # | OR26079099 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 138 |
| Listing Provided By | Century 21 Select Real Estate Inc. | Gurnam Passi |
Features
| SQ Feet | 2,295 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | Commercial |
| Acreage | 0.18 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Natural Gas, Radiant, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Lot Features | Two To Five Units Acre, Corner Lot |
|---|---|
| Fencing | None |
Utilities
| Utilities | Natural Gas Connected, Sewer Connected |
|---|---|
| Electric | Volts220 |
Area Information
| State | CA |
|---|---|
| County | Sutter |
| City | Yuba City |
| Zip Code | 95991 |
| Listing VS Median (in 95991) | |
Price: $219,900 low | high Med: $219,900 sqft: 2,295 low | high Med: 2,295 $ / sqft: $96 low | high Med: $96 On site: 138 low | high Med: 138 | |
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Learn More About This Property
| State | CA |
|---|---|
| County | Sutter |
| City | Yuba City |
| Zip Code | 95991 |
| Listing VS Median (in 95991) | |
Price: $219,900 low | high Med: $219,900 sqft: 2,295 low | high Med: 2,295 $ / sqft: $96 low | high Med: $96 On site: 138 low | high Med: 138 | |