Office Building in Downtown Ukiah | 530-532 S School St
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Office Building in Downtown Ukiah 530-532 S School St
2,519 SF 100% Leased Office Building Ukiah, CA 95482 $450,000 ($179/SF)
Executive Summary
Investor opportunity for an updated office building in downtown Ukiah! The single-story building is approximately 2,519 square feet divided into two spaces, each with a separate address and electric meter, both currently leased to a medical office. On the south side of the property, 532 S. School Street recently underwent an extensive remodel with improvements including new AC splits, cabinetry, flooring, interior paint, and an ADA bathroom. This stylish space has a lobby and reception area highlighted by large windows providing great natural light and a view of the atrium. There are also three exam rooms, an office, and multiple bathrooms. 530 S. School Street occupies the north side of the property and is an open, unfinished space offering a blank canvas for future customization. The exterior brick facade was also recently painted and there's an onsite parking lot. Great location a block from the Civic Center near other professional offices and institutions, in close proximity to downtown's restaurants and shops. With multiple spaces offering long-term versatility, numerous upgrades, and an incredible downtown location, this is an amazing opportunity to own an investment!
Property Facts
Sale Type
Investment
Sale Condition
Short Sale
Property Type
Office
Property Subtype
Building Size
2,519 SF
Building Class
B
Year Built
1963
Price
$450,000
Price Per SF
$179
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
2,519 SF
Building FAR
0.28
Lot Size
0.21 AC
Zoning
C1
Parking
6 Spaces (2.38 Spaces per 1,000 SF Leased)
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Walk Score ®
Walker's Paradise (91)
PROPERTY TAXES
Parcel Number | 002-271-12-00 | Improvements Assessment | $237,235 |
Land Assessment | $160,431 | Total Assessment | $397,666 |
PROPERTY TAXES
Parcel Number
002-271-12-00
Land Assessment
$160,431
Improvements Assessment
$237,235
Total Assessment
$397,666
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Office Building in Downtown Ukiah | 530-532 S School St
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