19 Main StWinters, CA 95694

  • Investment properties
  • 7,650 SF
For Sale
$1,099,000 View listing

Property Details for 19 Main St

Year built
1880
Lot size
0.16 AC
Property size (Sq ft)
7,650 SF
Zone code
C-2
Property type
Investment properties
Property subtype
Live-work space
APN
003-204-011-000
APU
3204011000

Description

This exceptional investment property, located at 19 Main Street in the heart of Winters, California, presents a unique blend of commercial and residential income streams. The 7,650 square foot building sits on a 0.16-acre lot and offers a compelling opportunity for savvy investors. Currently, the ground floor comprises three separately leased commercial spaces, generating consistent rental income. Above, six affordable residential units provide additional revenue and stable occupancy. The property's strategic location in downtown Winters places it within easy walking distance of numerous restaurants, wine tasting rooms, and the Winters Hotel, ensuring high visibility and convenient access for both commercial tenants and residential occupants. This mixed-use property offers a diversified income portfolio with significant potential for future appreciation. The existing leases provide immediate cash flow, while the well-maintained building requires minimal capital expenditure. This is an ideal investment for those seeking a stable, high-yield property in a thriving California town. The property's size and location make it an attractive proposition for both long-term investors and those seeking a hands-off approach to real estate investment. The combination of commercial and residential units provides a balanced and resilient income stream, mitigating risk and maximizing returns. This is a rare opportunity to acquire a turnkey investment property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,602,530
    6.5%
    $1,479,260
    7%
    $1,373,600
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,114,110
    Geo Method
    $1,114,110
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,014,730
    Retail / Commercial
    $1,511,660
    Hospitality / Lodging
    $1,050,110
    Office
    $1,442,330
    Institutional / Educational
    $1,528,180
    Residential Income
    $1,787,970
    Multifamily
    $2,294,150
    Automotive / Energy
    $1,309,860
    Parking / Income-Based Land
    $478,708
    Restaurant / Food Service
    $711,720
    Healthcare / Senior Housing
    $1,544,650

Location Insight

City
Winters
County
Yolo
State
California
Latitude
38.5219
Longitude
-121.97
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,549
$53,700
$318,929
$372,629
-
-
-
-

FAQs

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