For Sale
$998,000

421-423 D St Marysville, CA 95901

High-yield, 100% occupied building

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a three-story, 12,196 square foot mixed-use building located at 421-423 D St, Marysville, CA 95901. Built in 1935, the property boasts a prime downtown location and offers a blend of residential and commercial spaces. The building comprises eight residential units and three commercial units, all currently 100% occupied, generating a substantial annual gross rent of $10,400 and a Net Operating Income (NOI) of $84,000. This translates to an attractive 7.01% cap rate. The property's strong occupancy rate and consistent cash flow make it an ideal investment for those seeking immediate returns and long-term growth. The diverse tenant base ensures a stable income stream, while the strategic downtown location provides excellent access to amenities and high foot traffic for the commercial spaces. This presents a rare opportunity to acquire a well-established, high-performing mixed-use property in a thriving California market. The building's solid financial performance, coupled with its desirable location, makes it a compelling investment prospect. This is a turnkey operation with immediate income potential.

Highlights

  • $998,000 asking price.
  • Mixed-use property with multifamily (8 units) and retail (3 spaces) components.
  • 12,196 square feet, 3 stories, built in 1935.
  • 100% occupancy, generating $84,000 annual NOI and a 7.01% cap rate.
  • Located at 421-423 D St, Marysville, CA 95901.

Property Details for 421-423 D St

Property type
Retail properties, Mixed-use properties
Square Feet
12,196 SF
Year Built
1935
Stories
3

Location Insight

City
Marysville
County
Yuba
State
California
Latitude
39.1399934
Longitude
-121.5885938

FAQs

What type of property is this?
Retail property - High-yield, 100% occupied building
Where is the retail property located?
The property is located at 421-423 D St Marysville, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: $998,000 asking price.; Mixed-use property with multifamily (8 units) and retail (3 spaces) components.; 12,196 square feet, 3 stories, built in 1935.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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421-423 D St
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