217 Percy Avenue, Yuba City, CA 95991
List Price: $299K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Lot Size: 7,841 sq ft
MLS Number: OR26079099
About This Property
This four-unit commercial property offers a rare opportunity to acquire a multi-tenant asset with significant upside potential. Each unit is separately metered for PG&E, providing flexibility for multiple tenants, simplified management, and future income growth. The property has previously been utilized as a hair salon, bookstore, and retail spaces, showcasing its adaptability for a variety of commercial uses including retail, office, or service-based businesses. With a functional layout and multiple suites, this asset is well-suited for an investor looking to reposition and maximize returns. The building is in need of improvements, making it an ideal project for those seeking a value-add opportunity through renovation and lease-up. With the right vision and execution, there is strong potential to increase rents and enhance overall property value. Situated in a central Yuba City location with consistent local traffic and accessibility, the property benefits from its proximity to established businesses and surrounding neighborhoods. Additionally, being located within an Opportunity Zone presents potential long-term tax advantages for investors. Limited on-site parking, with additional street access available. This is a compelling opportunity for investors seeking a low-basis acquisition with the ability to add value and create long-term cash flow.