1905 Covillaud St - Retail FOR SALE


Marysville, CA 95901
$625,000 USD
530-228-1940
1905 Covillaud St, Marysville, CA for Sale
$625,000 USD
Retail - FOR SALE
1/33
null | 4.79% Cap Rate

1905 Covillaud St
Marysville, CA 95901


OVERVIEW

Prime Multi-Tenant Commercial Investment Opportunity. Discover an excellent income-producing property in the heart of East Marysville! This versatile 8,932-square-foot commercial building features 9 well-configured units ideal for a mix of professional offices, retail shops, service businesses, and more. Only one vacancy. Currently has a 4.79 CAP Rate and with the rent out of the last unit you will have a 7.6 CAP Rate. Plenty of room in raising rents which will put you at a 10+ CAP Rate. Whether you're an investor looking for strong cash flow or an owner-user seeking space for your business while generating rental income from the remaining units, this property delivers flexibility and potential.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

4.79%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Income Property in Established Neighborhood

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

Commercial

APN/PARCEL ID

008-172-013-000

ASK ABOUT THIS PROPERTY

Kory HammanHamman Real EstateMore Info
530-228-1940

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Kory HammanHamman Real EstateMore Info
530-228-1940

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