565 Reeves Avenue, Yuba City, CA 95991

Property Description

Exceptional Multi-Tenant Commercial Investment Opportunity Near Revitalized Downtown Yuba City Don't miss this outstanding opportunity to acquire a well-maintained multi-tenant commercial property located just minutes from the revitalized downtown Yuba City district. This attractive investment property consists of three solid commercial buildings, with 8 tenants (7-full) offering a strong blend of stability, income potential, and future upside. The original building was constructed in 1957, with two additional buildings added in 2006. During the expansion, significant improvements and updates were made to the original structure. Over the years, ownership has continued to maintain and remodel the property, resulting in a well-cared-for asset that is ready for its next owner. Currently, four of the five units are occupied by long-term tenants, providing consistent rental income and demonstrating the desirability of the location. One small unit is presently vacant, creating an immediate opportunity to increase cash flow. The property currently generates approximately $5,718 per month in gross rental income, with the potential to increase to approximately $6,348 per month once the vacant space is leased. All existing tenants are currently on month-to-month rental agreements, providing flexibility for a new owner. However, the seller is actively working with tenants to secure new lease extensions of two years or longer, which could further enhance the property's investment appeal and stability. The two newer buildings feature durable metal roofing that remains in excellent condition. The roof on the original building is functional and not leaking; however, it may be approaching replacement age. Seller is willing to consider providing a roof credit with an acceptable offer, creating additional value for the buyer. Whether you are a seasoned investor seeking a stable income-producing asset or looking to expand your commercial real estate portfolio, this property offers an excellent combination of location, occupancy, rental upside, and long-term potential. Opportunities like this are rare. Schedule your private showing today and discover the value this exceptional commercial property has to offer.