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$475,000
Est. payment /mo
0.89 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226085849
HOA Y/N No
Year Built 1946
Lot Size 0.890 Acres
Acres 0.89
Property Sub-Type Mixed Use
Source MLS Metrolist
Property Description
This rare value-add investment opportunity on nearly one acre in Yolo, California, offers a strategic acquisition for investors looking to force appreciation. Sold strictly as-is, this unique parcel pairs residential potential with substantial commercial upside right off Interstate 5. The residential footprint features two detached units: a 2-bedroom, 1-bathroom home and a separate 1-bedroom, 1-bathroom dwelling. Both structures require comprehensive rehabilitation, presenting a prime opportunity to remodel to modern standards and command premium dual-stream rental income. The commercial anchor is the historic building formerly known as the legendary Gorman's Restaurant. Featuring a character-rich interior with extensive vintage wood paneling, this vacant space is a blank canvas awaiting a complete overhaul. Thanks to the massive lot and highway proximity, adaptive reuse possibilities are endless, ranging from a destination eatery to a premier event venue or flower shop. Bring your contractor to unlock this high-yield powerhouse.
Location
State CA
County Yolo
Area 11427
Direction Use GPS
Location Details Neighborhood,Freeway Nearby
Interior
Heating Central
Cooling Central
Flooring Tile
Exterior
Parking Features Uncovered
Utilities Available Other
Water Access Desc Public
Roof Type Tile
Building
Story 1
Foundation Concrete
Sewer Septic System
Water Public
Others
Senior Community No
Tax ID 025-390-007
Special Listing Condition Trust, Offer As Is, None
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Listed by National Town/Valley Prop.
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