Restaurant Space for Sale 111 S State St

111 S State St , Ukiah, California, 95482 | 2,392 sq.f | $ 650,000

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About This Restaurant

Investment Highlights

Executive Summary

Unveiling an enticing opportunity at 111 S State St in the heart of Ukiah, CA! This 2,392 square foot gem stands as a testament to versatility and potential, offered at an attractive price of $650,000. Encompassing a vibrant community commercial zoning (C-1), this property invites a multitude of possibilities. Currently operating as a beloved Mexican restaurant, its full-scale commercial kitchen is the centerpiece. this locale thrives on foot traffic and community engagement, presenting an ideal canvas for aspiring restaurateurs or entrepreneurs looking to join Ukiah?s bustling commercial landscape. Moreover, an option for owner financing may be available, subject to owner approval, providing a rare chance to explore flexible ownership arrangements. Priced at $271.73 per square foot, this property offers both a solid investment and a potential business cornerstone. Its strategic location, coupled with existing amenities, positions it as a prime contender for those seeking a dynamic business endeavor in a thriving community.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Storefront Restaurant
  • Building Size    2,392
  • Year Built    1950
  • Price    650,000
  • Price Per SF    272
  • Tenancy    Single
  • Building Height    1 Story

Amenities

  • Bus Line
  • Signage

Nearby Amenities & Transportation

Retail Round Table Pizza
Retail Lucky
Retail Umpqua Bank
Retail CrossFit
Retail Chase Bank
Retail Safeway
Retail Starbucks
Retail Anytime Fitness
Retail Denny's
Retail Jack In The Box

Property Taxes

Parcel Number 002-229-07-00 Improvements Assessment $164,583
Land Assessment $103,467 Total Assessment $268,050
Date Created: 2024-07-16 04:09:24 Last Updated: 2024-07-16 04:09:24
Address: 111 S State St , Ukiah, California, 95482