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1120 S State St 18,500 SF Retail Building Ukiah, CA 95482 $2,435,125 CAD ($131.63 CAD/SF) 8.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Prime corner location with dual access on State Street
- Expansive showroom and private office suites ready for use
- Ample paved parking and outdoor storage on a 2-acre site
- Established automotive hub with proven traffic history
- Multiple work bays with oversized roll-up doors for heavy operations
- Additional outbuildings and detached office for operational flexibility
EXECUTIVE SUMMARY
Prime commercial complex ideal for investor or owner-user. Current tenant is paying $12,000 per month NNN, which equates to an 8.2% cap rate. Tenant prefers to stay but may be given a 90-day notice to vacate according to the lease agreement. Owner prefers seller financing. Seize the spotlight with high visibility, dual access, 18,500 +/- sq ft of mixed-use building space on a sprawling 2-acre corner lot. Perfectly positioned directly on high-traffic State St. this property offers unparalleled brand exposure and effortless accessibility for your business. The former Ford Dealership it has an established automotive hub providing instant recognition and a proven track record as a high-traffic location. With pristine showroom and office suites, step into move-in-ready interior featuring a bright, expansive showroom and multiple private offices designed for high-level operations. The main facility boasts expansive work bays equipped with oversized roll-up doors, ideal for automotive, distribution, or heavy equipment needs. With the dual access and corner dominance, the site features two distinct entrance/exit points, ensuring seamless traffic flow for customers and large delivery vehicles alike. Maximize your operations with multiple outbuildings featuring additional work bays and a detached office. The expansive 2-Acre footprint offers ample paved parking and outdoor storage to accommodate a high-volume workforce and customer base. This is a rare opportunity to occupy a pristine condition flagship location in a high-demand corridor. The existing infrastructure is specifically tailored for high-volume sales and service, engineered for immediate success for a new dealership, regional distribution hub, or a service center. Don't miss this State Street landmark! 1120 S State St. is an amazing investment opportunity for developers, 1031 exchange, rental income or seasoned investors alike.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
18,500 SF
Building Class
C
Year Built
1950
Price
$2,435,125 CAD
Price Per SF
$131.63 CAD
Cap Rate
8.50%
NOI
$206,986 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
2.17 AC
Zoning
C2
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 003-530-08-00 | Improvements Assessment | $626,732 CAD |
| Land Assessment | $981,049 CAD | Total Assessment | $1,607,781 CAD |
PROPERTY TAXES
Parcel Number
003-530-08-00
Land Assessment
$981,049 CAD
Improvements Assessment
$626,732 CAD
Total Assessment
$1,607,781 CAD
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1120 S State St
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