Prime Investment Opportunity on State Street

1178 & 1198 N. State Street, Ukiah, CA 95482

Accepting Offers
Prime Investment Opportunity on State StreetPrime Investment Opportunity on State StreetPrime Investment Opportunity on State StreetPrime Investment Opportunity on State Street
Asking Price

$1,350,000

Prime Investment Opportunity on State Street

1178 & 1198 N. State Street, Ukiah, CA 95482

Asset Type: Real Estate

Estate: Leasehold

Year Built: 1953

Number of Floors: 1

Property Size: 10,980 SF

Property Type: Retail

Occupancy %: 100

Land Area: 0.69 Acres

Number of Units: 3

Prime Investment Opportunity on State Street

Highly visible multi-tenant retail property along busy State Street in the heart of Ukiah! This investment offering includes multiple buildings totaling approximately 10,980 square feet set on two contiguous parcels totaling 0.69 acres, delivering both State Street frontage and accessibility in one of the city's most trafficked areas. Currently fully occupied by three established tenants providing immediate income and long-term investment stability. 1198 N. State Street is 6,480+/- square feet demised into two spaces positioned on the corner with a monument sign. The adjacent 1178 N. State Street has an occupied 3,500+/- square foot building with 400 amp power, a 1,000+/- square foot outbuilding, and a partially fenced lot for additional security. Each retail space has glass lined storefronts with front showrooms and back office areas with storage. An onsite parking lot provides convenience for both tenants and customers. Strategically located directly on State Street near Highway 101's North State Street exit with proximity to nearby businesses like In N Out, Raley's, Boot Barn, Taco Bell, and many more. It's prominent corner location ensures excellent exposure, making it a valuable asset for current and future leasing potential. With consistent traffic flow, strong visibility, and a solid tenant mix, this property represents an ideal acquisition for investors seeking a stabilized asset with growth potential in a thriving commercial corridor!

Sale FAQs

Investment Sales Broker

Todd Schapmire

Todd Schapmire

W Commercial

CA License: 01414195

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXX

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