534 Bush StWoodland, CA 95695

Property Details for 534 Bush St

Year built

1938

Lot size

0.19 AC

Property size (Sq ft)

10,530 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

006-562-003-000

APU

6562003000

Description

This exceptional commercial property at 534 Bush Street, Woodland, CA, presents a unique investment opportunity. Spanning 10,530 square feet on a 0.19-acre lot, this versatile space boasts a rich history, previously operating as a market, restaurant, and nightclub. Currently housing Rivera Restaurant Equipment, the property offers immediate cash flow potential. The main building at 534 Bush Street includes a large area suitable for various commercial uses, along with four full bathrooms. Adding to its value is the inclusion of 440 1st Street, a separate building featuring five office rooms and three full bathrooms. This building also offers a substantial multipurpose storage room and two additional half-bathrooms, including a shower room. The property's strategic location provides convenient access to a hospital, hotel/motel, and shopping centers, ensuring high visibility and foot traffic. This is an ideal property for entrepreneurs seeking a well-established location with diverse spaces to launch or expand their business within the thriving city of Woodland, California. The combined properties offer a significant opportunity for a variety of commercial ventures, benefiting from existing infrastructure and a prime location. The substantial square footage and multiple bathroom facilities cater to a wide range of business needs. The inclusion of both 534 Bush Street and 440 1st Street provides flexibility and expansion potential for future growth. This is a rare chance to acquire a multi-faceted commercial property in a desirable location. The asking price is $1,485,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,789,676

  6.5%

  $2,575,086

  7%

  $2,391,151

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,788,753

  Geo Method

  $3,788,753

• Alternative Use

  Use

  Valuation

  Residential

  $2,172,181

  Hospitality

  $1,989,706

  Educational

  $1,655,412

  Medical

  $1,712,344

  Retail

  $2,575,086

Location Insight

City

Woodland

County

Yolo

State

California

Latitude

38.6763

Longitude

-121.773

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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