38 S Main St, Willits, CA 95490, Willits, CA 95490
sale
$395,000
|
Other
Courtesy Of Coldwell Banker Mendo Realty
Mixed-Use Value-Add Investment Property in Downtown Willits | 5 Income Units | Retail + Residential + Office Five-unit mixed-use commercial asset consisting of two ground-floor retail storefronts (currently rented to one tenant/storefront), two second-floor residential units, and one additional office space. Multiple entrances and separate utility meters provide operational flexibility and potential for improved income performance. Current configuration supports diversified revenue streams across retail, residential, and office use. Alley access to south retail space and on-site garage/storage area add functional value. The property presents a clear value-add opportunity through renovation, system upgrades, and rent repositioning. Offered as-is, allowing an investor to implement improvements and increase long-term cash flow and asset value. Ideal for experienced investor, 1031 exchange buyer, or contractor seeking repositioning opportunity in a mixed-use asset.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 326013886
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