119 D St - Storefront Retail/Office FOR SALE


Marysville, CA 95901
$595,000 USD
530-844-0505
119 D St, Marysville, CA for Sale
$595,000 USD
Storefront Retail/Office - FOR SALE
1/24
null | 7.99% Cap Rate

119 D St
Marysville, CA 95901


HIGHLIGHTS

  • Offered for sale at $41.37 PSF.
  • Great downtown location, across from Habitat for Humanity.
  • Quick access to Hwy 70/65.
  • Minutes away from the new Costco in Olivehurst.

OVERVIEW

Excellent owner/user or investment opportunity in downtown Marysville. 119 D St is a two-story building comprised of approximately 14,382 SF in total. The first floor is currently rented to McNally Appliance. Of the total 14,382 SF, McNally Appliance is occupying approximately 10,360 SF that includes 6,360 SF of warehouse/shop space with tall ceilings. The remaining square footage (approximately 4,022 SF) is located on the second floor with its own separate entrance at the front of the building. The second story is currently rented to a self-defense/karate tenant that signed a 5-year lease in July of 2024. The subject property benefits from a new roof in 2022 along with new lighting throughout and new exterior paint. The second story unit benefits from new central HVAC, paint, flooring and entry door. Great downtown location, across from Habitat for Humanity. Quick access to Hwy 70/65. Minutes away from the new Costco in Olivehurst. Gross income of $54,444.00 annually. Offered for sale at $41.37 PSF! McNally Appliance is currently paying $3,000.00 per month, with two five-year extension options (10% rent increase at each option period). Second story tenant is paying $1,537.00 per month and signed a 5-year lease in July of 2024 with 2.5% rent increases each year.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$41 USD /SF

CAP RATE

7.99%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C-3

APN/PARCEL ID

010-282-015-000

ASK ABOUT THIS PROPERTY

Derek SandgrenValley Fair Realty CorpMore Info
530-844-0505

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Derek SandgrenValley Fair Realty CorpMore Info
530-844-0505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.