211 Main StWeed, CA 96094

This exceptional mixed-use property in downtown Weed, CA, presents a compelling investment opportunity. The 4,225 square foot building features a 100% occupied, multi-tenant storefront with a stabilized investment profile boasting a 7.36% cap rate and a strong net operating income (NOI) of $25,405. The property includes two units: a renovated 1,225 square foot, three-bedroom, two-bathroom apartment with modern amenities, updated in 2011 and again in 2020, and a 3,000 square foot commercial space, recently occupied by Indigo Moon. The commercial space retains historic charm, including original brick ovens and a large commercial mixer. The apartment consistently attracts tenants due to its spacious layout, open-concept kitchen, and well-proportioned bedrooms. Situated on a 3,114 square foot lot at 211 Main St, Weed, CA 96094, this property benefits from its prime location in a vibrant college town, offering stunning views of Mount Shasta. The asking price is $299,000, with a price per square foot of $82 and a price per unit of $172,500. The current lease is a modified multi-tenant agreement with approximately two years remaining. This property combines historical significance with strong income potential, making it an ideal investment in the heart of Siskiyou County. APN: 060-292-090.