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1040 N State St 6,000 SF 100% Leased Retail Building Ukiah, CA 95482 $1,646,400 CAD ($274.40 CAD/SF) 4.41% Cap Rate
INVESTMENT HIGHLIGHTS
- *High Visibility Retail Location - IDEAL FOR QSR, MEDICAL, SERVICE RETAIL, OR SHOWROOM USERS
- * Easy access and ample parking potential due to the large lot size.
- * Redevelopment Opportunity on 33,541 SF Land
- * Prime location near downtown Ukiah, surrounded by vibrant businesses and a growing community.
- * Ideal for leasing to generate immediate income or redeveloping into a high-value commercial or mixed-use property.
- SIGNALIZED CORNER LOCATION with strong daily traffic
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$90,437
|
$15.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$90,437
|
$15.07
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$17,863
|
$2.98
|
| Net Operating Income |
$72,573
|
$12.10
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $90,437 |
| Annual Per SF | $15.07 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $90,437 |
| Annual Per SF | $15.07 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $17,863 |
| Annual Per SF | $2.98 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $72,573 |
| Annual Per SF | $12.10 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,000 SF
Building Class
C
Year Built
1987
Price
$1,646,400 CAD
Price Per SF
$274.40 CAD
Cap Rate
4.41%
NOI
$72,540 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.77 AC
Opportunity Zone
Yes
Zoning
C-3 - General Commercial
Parking
35 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
82’ on N State St
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Community Resources-indpndnc
- Health Care and Social Assistance
- -
- -
- -
- -
- Mendoino Tax Service
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- New Dawn Insurance
- Finance and Insurance
- -
- -
- Modified Gross
- Dec 2016
- One Stop Shop
- Retailer
- -
- -
- -
- -
- Tgif Repairs Inc
- Services
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Community Resources-indpndnc | Health Care and Social Assistance | - | - | - | - | |
| Mendoino Tax Service | Professional, Scientific, and Technical Services | - | - | - | - | |
| New Dawn Insurance | Finance and Insurance | - | - | Modified Gross | Dec 2016 | |
| One Stop Shop | Retailer | - | - | - | - | |
| Tgif Repairs Inc | Services | - | - | - | - |
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 001-450-11-00 | Improvements Assessment | $1,069,550 CAD (2025) |
| Land Assessment | $534,765 CAD (2025) | Total Assessment | $1,604,315 CAD (2025) |
PROPERTY TAXES
Parcel Number
001-450-11-00
Land Assessment
$534,765 CAD (2025)
Improvements Assessment
$1,069,550 CAD (2025)
Total Assessment
$1,604,315 CAD (2025)
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Bridgegate Real Estate
1040 N State St
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