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$ 2,350,000
Est. payment | /mo
0.48 Acres Lot
$ 2,350,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224107565
HOA Y/N No
Originating Board MLS Metrolist
Year Built 2000
Lot Size 0.484 Acres
Acres 0.484
Property Description
Introducing an exceptional investment opportunity in Downtown Woodland! Located at 814 Court Street, this modern 10-bedroom Sober Living Environment (SLE) converted from a previous professional office space offers a lucrative lease agreement with a stable tenant, generating $199,560 in annual rent with 3.5% yearly increases. Situated in an Opportunity Zone, this property features 21 parking spots on a 0.48-acre lot in the heart of Woodland's downtown core. The established tenant, Friends of the Mission dba Fourth and Hope, operates a Sober Living Environment program, making a positive impact in the community. Benefit from a hassle-free investment with minimal maintenance and landlord expenses, knowing the lease is secured until October 2027. Don't miss this chance to own a prime piece of real estate in a thriving location, only 20 miles from the State Capitol, Sacramento and in the town of Woodland, the County seat of Yolo County.
Location
State CA
County Yolo
Area 11412
Direction Located at 814 Court Street, between 3rd and 4th street in Woodland.
Location Details Alley
Interior
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Exterior
Parking Features See Remarks
Utilities Available Other
Water Access Desc Public
Roof Type See Remarks
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 005-222-016-0
Special Listing Condition None
Listed by Brennan, Jewett and Associates
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Cindy Hipwell
REALTOR® | Lic# CA 01350620 NV BS145655