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  • Key Facts
  • Description
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Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 2
Approx. Age 1962
MLS® Number 225125681

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

In 2021, the California & Main Retail Center experienced a fire. Since then, ownership has invested over $1, 000, 000 in restoration and upgrades, returning the asset to optimal condition and elevating curb appeal and functionality. Additional recent owner work, new A/C units, landscape/tree trimming, and fresh parking lot paint/striping, further improves day-to-day operations and tenant/visitor experience. The final two vacancies have now been leased, so the center is 100% occupied and stabilized. One of the largest suites, originally leased during the COVID period, remains under market, and is the first lease to roll, creating an immediate mark-to-market opportunity for a new owner. Positioned at the hard corner of California St & Main St in Woodland, the property totals 25, 626 SF on 1.81 acres, with 92 striped parking spaces and visibility along two key arterials (approx. 15, 000 VPD). Originally built in 1962 and renovated in 1995, the center has benefited from ongoing faade, paving, landscaping, and mechanical enhancements. The tenant mix delivers daily-needs convenience (e.G., Subway, Taco Joe's Caf, barbershop, dental clinic, children's activity center, resale retail), supporting durable traffic and income. The asset is offered at $4, 875, 000, reflecting a 7.44% cap rate.Show Description
MLS® Number225125681
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1962
Stories0
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/C
Heating Fuel

Extras

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