421-423 D StMarysville, CA 95901

Property Details for 421-423 D St

Year built

1935

Property size (Sq ft)

12,196 SF

Property type

Mixed-use properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Marysville

County

Yuba

State

California

Latitude

39.14

Longitude

-121.589

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