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Prime Investment Opportunity on State Street

$1,450,000

1178 & 1198 N. State Street, Ukiah, CA 95482

Active
Last Updated: 09/18/2025

10,980 sqft

Building Size

0.69 acres

Lot Area

Details:
Building Size:    10,980 sqft
Lot Area:    0.69 acres
Occupancy:    100%
Units:    3
Floors:    1
Description:

Highly visible multi-tenant retail property along busy State Street in the heart of Ukiah! This investment offering includes multiple buildings totaling approximately 10,980 square feet set on two contiguous parcels totaling 0.69 acres, delivering both State Street frontage and accessibility in one of the city's most trafficked areas. Currently fully occupied by three established tenants providing immediate income and long-term investment stability. 1198 N. State Street is 6,480+/- square feet demised into two spaces positioned on the corner with a monument sign. The adjacent 1178 N. State Street has an occupied 3,500+/- square foot building with 400 amp power, a 1,000+/- square foot outbuilding, and a partially fenced lot for additional security. Each retail space has glass lined storefronts with front showrooms and back office areas with storage. An onsite parking lot provides convenience for both tenants and customers. Strategically located directly on State Street near Highway 101's North State Street exit with proximity to nearby businesses like In N Out, Raley's, Boot Barn, Taco Bell, and many more. It's prominent corner location ensures excellent exposure, making it a valuable asset for current and future leasing potential. With consistent traffic flow, strong visibility, and a solid tenant mix, this property represents an ideal acquisition for investors seeking a stabilized asset with growth potential in a thriving commercial corridor!

Explore the prime commercial potential of Ukiah's vibrant State Street. Situated in a sought-after area, this location offers a strong commercial presence amidst a backdrop of natural beauty and community charm. This vibrant area is renowned for its captivating mix of local boutiques, charming cafes, and specialty shops. Just a stone’s throw away from the stunning vistas of Lake Mendocino, the area attracts both locals and tourists looking for unique, high-quality retail experiences. With its nearby wineries, artisanal eateries, and frequent community events, the location offers the perfect blend of foot traffic and local buzz to elevate your retail business. The area's friendly, community-minded atmosphere and picturesque surroundings make it an ideal setting for establishing a thriving retail or commercial presence.

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