Excellent investment opportunity to own a 4 tenant commercial building in Yuba City. This property is ideally located on the high traffic corner of Live Oak Blvd and Ainsley Ave. All tenants have been in place since at least 2018 and each unit is +/- 1,000 SF. Tenants include Polished Salon and Spa, Armstrong Body Work, Gail Doty Physical Therapy and Michael Prothero, MFT. Gross total monthly rents are $4,450/month. Pro forma net operating income is $30,614 based on current rents. Owner pays property tax, insurance, utilities and maintenance. All tenants are month to month or have leases expiring by the end of 2021. This is perfect opportunity for an owner user or potential value add by re-leasing current tenants to market rents.
|--||New Value: $725,000|
|10/19/2021 5:01:49 PM||New Value: $725,000|
|10/14/2021 12:02:00 PM||New Value: $835,000|