1200 Jefferson StNapa, CA 94559
- Other commercial real estate
- 1,776 SF
Property Details for 1200 Jefferson St
- Year built
- 1910
- Construction
- WOOD
- Lot size
- 0.09 AC
- Property size (Sq ft)
- 1,776 SF
- Zone code
- OC
- Property type
- Other commercial real estate
- APN
- 003-152-027-000
- APU
- 3152027000
Description
This exceptional 1,760 square foot office building, situated on a 0.09-acre lot in the heart of downtown Napa, presents a unique investment opportunity. The property boasts six individual office suites, perfect for a variety of business configurations or a multi-tenant setup. A welcoming entryway and reception area create a professional first impression, while a convenient kitchen and two restrooms cater to the needs of occupants. The building's adaptable design allows for flexible use, potentially serving as a combination home/office or even a residential conversion, subject to any necessary permits and approvals. Its central downtown Napa location ensures high visibility and easy access to a wealth of amenities, including numerous businesses and restaurants. Currently generating a monthly rental income of $6,437, this property offers a compelling 6% capitalization rate, making it an attractive investment for discerning buyers seeking a strong return on investment in a thriving market. The property's prime location and versatile design make it an ideal choice for both owner-occupants and investors seeking a stable income stream. The building's condition and any necessary repairs or upgrades should be independently verified by potential buyers. The listed price is $799,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $557,709
- Hospitality
- $510,858
- Educational
- $425,028
- Medical
- $439,645
- Retail
- $661,155
Location Insight
- City
- Napa
- County
- Napa
- State
- California
- Latitude
- 38.2993
- Longitude
- -122.293
- CBSA code
- 34900
- CBSA name
- NAPA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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