245 5Th StColusa, CA 95932

Property Details for 245 5Th St

Year built

1910

Construction

TILT-UP CONCRETE

Lot size

0.07 AC

Property size (Sq ft)

2,200 SF

Property type

Office properties

Property subtype

Office buildings

APN

001-092-011-000

APU

1092011000

Description

This exceptional commercial property, situated at 245 5th Street in Colusa, California, presents a compelling investment opportunity. Spanning 2,200 square feet on a 0.07-acre lot, this building offers a versatile layout ideal for multiple tenants or a single large business. Its strategic location provides easy highway access, ensuring high visibility and significant foot traffic, maximizing exposure for any commercial venture. The property's design allows for diverse commercial uses, catering to a wide range of businesses seeking a prominent Colusa location. Ample parking is available on-site, enhancing convenience for customers and employees. The building's proximity to local amenities further adds to its appeal, providing easy access to essential services and supporting businesses. This property is priced at $249,000 and represents a rare chance to acquire a well-positioned commercial space in a thriving market. The dual-sided configuration is particularly attractive for businesses seeking to maximize rental income or expand their operations. Its adaptability and prime location make this an exceptional opportunity for investors and entrepreneurs alike seeking a strong return on investment in the growing Colusa commercial market. Don't miss this chance to secure a valuable asset in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $396,489

  6.5%

  $365,990

  7%

  $339,847

• Comparable approach

  Method

  Valuation

  Relative Method

  $314,116

  Geo Method

  $314,116

• Alternative Use

  Use

  Valuation

  Residential

  $453,827

  Hospitality

  $415,703

  Educational

  $345,860

  Medical

  $357,755

  Retail

  $538,005

Location Insight

City

Colusa

County

Colusa

State

California

Latitude

39.2132

Longitude

-122.008

Property Tax & Assessments

FAQs

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