564 Dora St Ukiah, CA 95482

This exceptional investment opportunity presents a stabilized multi-tenant medical office complex in Ukiah, California. The property comprises two single-story buildings totaling 22,505 net rentable square feet, situated on a 1.21-acre lot. Currently boasting 100% occupancy with eight tenants, the property generates a substantial net operating income (NOI) of $180,006, yielding a compelling 6.79% capitalization rate. The asking price is $2,650,000, representing a significant value proposition considering a recent appraisal of $2,850,000 (October 2022). Built in 1950, the Class B property benefits from ample parking (1.2 spaces per 1,000 sq ft) and is zoned CN. The property's location at 564 S Dora St, Ukiah, CA 95482, places it within a desirable residential area. The property includes two parcels (APN: 001-291-33-00, 001-291-29-00) and features a long-term, stable tenancy, previously occupied by the Ukiah General Hospital and now housing quasi-public service providers. A handyman is currently on-site and may be available to continue assisting the new owner. This is a rare opportunity to acquire a well-maintained, income-producing asset in a strong market. The property's history of stable tenancy and recent appraisal support its strong investment potential.