Downtown Office Building

216 W. Perkins Street Ukiah, CA 95482

216 W. Perkins Street, Ukiah, CA, 95482
216 W. Perkins Street, Ukiah, CA, 95482 216 W. Perkins Street, Ukiah, CA, 95482 216 W. Perkins Street, Ukiah, CA, 95482 216 W. Perkins Street, Ukiah, CA, 95482 216 W. Perkins Street, Ukiah, CA, 95482 216 W. Perkins Street, Ukiah, CA, 95482 216 W. Perkins Street, Ukiah, CA, 95482 216 W. Perkins Street, Ukiah, CA, 95482 216 W. Perkins Street, Ukiah, CA, 95482 216 W. Perkins Street, Ukiah, CA, 95482 216 W. Perkins Street, Ukiah, CA, 95482
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$725,000
Last Verified:
Jul 18, 2023

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Description

Investment opportunity for a classic commercial building in the heart of downtown Ukiah! This two-story building has fifteen office units and totals approximately 5,618 square feet. Multiple long-term tenants occupy the building and a handful of the offices are vacant for an owner-user or to offer upside in rent for an investor. Ideal corner position on Ukiah's main artery of Perkins Street just one block from School Street yet less than a mile from the freeway. Convenient city/public parking lot across the street. Prime downtown location offers long-term appeal to attract quality tenants and customers.

Downtown Ukiah, the county seat and economic hub of Mendocino County


Year Built: 1980
Building Size: 5618sq ft
Building Class: C
Lot Size: 0.13 acres

Map of 216 W. Perkins Street, Ukiah, CA, 95482

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.