This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

119 N Butte St

17,000 SF 100% Leased Office Building Willows, CA 95988 $1,300,000 ($76/SF) 7.96% Cap Rate

Investment Highlights

  • Downtown location heavy foot traffic, good parking in town
  • Located just 20 minutes outside of San Francisco making for easy transit
  • Open plan with exposed brick walls.
  • Visible signage available for prospective tenants

Executive Summary

Outstanding building in downtown Willows. 1st Floor is office space and was occupied by the Glenn Superior Court of California Through 12/31/23. Long term lease since 2008, full Data Drop throughout the first floor, ADA restrooms and Breakroom, LED Lighting throughout.
Upper floors are vacant and available for owner user, redevelopment into residential or new tenants under current usage. Upper floors are event space/ballroom +multiple offices and bathrooms.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
17,000 SF
Building Class
B
Year Built/Renovated
1911/2015
Price
$1,300,000
Price Per SF
$76
Cap Rate
7.96%
NOI
$103,510
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,000 SF
Building FAR
2.30
Lot Size
0.17 AC
Zoning
CZ - Central Commercial; Cannabis, Retail, Office, Flex, Special Event, Church, Multi Family, Residential
Parking
8 Spaces (0.47 Spaces per 1,000 SF Leased)

Amenities

  • Conferencing Facility
  • Security System
  • Signage
  • Air Conditioning
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 5,000 SF
  • Office/Retail
  • Full Build-Out
  • 30 Days

1st Floor is office space and retail with potential for cannabis use. Space includes full Data Drop throughout the first floor, ADA restrooms and Breakroom, LED Lighting throughout.

  • 2nd Floor
  • 5,000 SF
  • Office
  • Full Build-Out
  • 30 Days

Upper floors are vacant and redevelopment into residential or new tenants under current usage. Upper floors are event space/ballroom with multiple offices and bathrooms.

  • 3rd Floor
  • 5,000 SF
  • Office
  • Full Build-Out
  • 30 Days

Upper floors are vacant and redevelopment into residential or new tenants under current usage. Upper floors are event space/ballroom with multiple offices and bathrooms.

  • 4th Floor
  • 2,000 SF
  • Office
  • Partial Build-Out
  • 30 Days
Space Size Space Use Condition Available
1st Floor 5,000 SF Office/Retail Full Build-Out 30 Days
2nd Floor 5,000 SF Office Full Build-Out 30 Days
3rd Floor 5,000 SF Office Full Build-Out 30 Days
4th Floor 2,000 SF Office Partial Build-Out 30 Days

1st Floor

Size
5,000 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
30 Days

2nd Floor

Size
5,000 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

3rd Floor

Size
5,000 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

4th Floor

Size
2,000 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

1st Floor

Size 5,000 SF
Space Use Office/Retail
Condition Full Build-Out
Available 30 Days

1st Floor is office space and retail with potential for cannabis use. Space includes full Data Drop throughout the first floor, ADA restrooms and Breakroom, LED Lighting throughout.

2nd Floor

Size 5,000 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Upper floors are vacant and redevelopment into residential or new tenants under current usage. Upper floors are event space/ballroom with multiple offices and bathrooms.

3rd Floor

Size 5,000 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Upper floors are vacant and redevelopment into residential or new tenants under current usage. Upper floors are event space/ballroom with multiple offices and bathrooms.

Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
7,256
8,162
8,676
2024 Population
7,750
8,641
9,032
Population Growth '20-'24
6.8%
5.9%
4.1%
2020 Households
2,654
2,994
3,185
2024 Households
2,855
3,191
3,337
Household Growth '20-'24
7.6%
6.6%
4.8%
Average Age
39
39
39
Median Household Income
$52,321
$53,398
$53,895
Daytime Employees
3,730
4,188
4,673
Total Businesses
491
540
553
College Degree + Higher
12%
12%
13%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
002-162-017-000
Land Assessment
$98,517 (2024)
Improvements Assessment
$295,549 (2024)
Total Assessment
$394,066 (2024)
  • Listing ID: 28752390

  • Date on Market: 6/14/2023

  • Last Updated:

  • Address: 119 N Butte St, Willows, CA 95988

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}