Updated Office Building in Downtown Willits | 16 W Valley St
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Updated Office Building in Downtown Willits 16 W Valley St
4,417 SF 100% Leased Office Building Willits, CA 95490 $599,000 ($136/SF)
Executive Summary
Amazing investment opportunity for an updated office building in downtown Willits! Fantastic corner location directly on Main Street with high visibility! The office building is approximately 4,417 square feet including four spaces, each with great natural light and their own address and entrance. 12 W. Valley Street is a dental office featuring a lobby and reception area, exam rooms, lab, storage, and multiple restrooms spanning approximately 2,073 square feet. 16 W. Valley Street and 282 S. Main Street are insurance companies with open and private offices sitting at approximately 976 and 660 square feet, respectively. 284 S. Main Street is a property management office approximately 700 square feet in size with an office area, kitchenette, and bathroom. Landscaped grounds enhance the 0.58 acre lot and a spacious onsite parking lot with ADA spaces offers parking out back. A monument sign is positioned along Main Street increasing visibility. The multiple, updated spaces and desirable downtown location offer long-term appeal to tenants and customers, making this a great opportunity to invest in an attractive property!
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
4,417 SF
Building Class
B
Year Built
1950
Price
$599,000
Price Per SF
$136
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,417 SF
Building FAR
0.17
Lot Size
0.58 AC
Zoning
C2 - Commercial
Parking
9 Spaces (2.04 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (86)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $312,901 | |
Land Assessment | $176,350 | Total Assessment | $489,251 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$176,350
Improvements Assessment
$312,901
Total Assessment
$489,251
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Updated Office Building in Downtown Willits | 16 W Valley St
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