255 W Court St Bureau 297 m² 100 % Loué À vendre Woodland, CA 95695 696 177 € (2 341,74 €/m²) Taux de capitalisation 6,39 %

Turton Commercial Real Estate is pleased to present the opportunity to purchase 100% fee simple interest in 255 W Court Street, a fully leased Medical investment opportunity within a Condominium complex consisting of two 1,600 SF spaces currently occupied by Endodontist and Prosthodontist practices. Located in historic Woodland, the Property is ideally situated within a dense residential neighborhood, perfect for a client base near the office for the practices. This scarce opportunity generates a Net Operating Income of $51,088.80 and is priced at $799,000 based off of a 6.4% capitalization rate on existing income inclusive of pro-forma property taxes and existing expenses.
601-605 15th Street (The “Property”) is an approximate 3,200 rentable square foot Dental Condo. The Property is located along the Southwest side of the intersection of Imperial Street and Court Street in the City of Woodland. As such, the Property is situated within a vibrant area with a mix of residential and commercial spaces. The surrounding area features a variety of local businesses, including restaurants, cafes, and shops such as Sakura Japanese Steakhouse, Starbucks, Judy’s Burgers, and Quick Quack Car Wash within a block from the Property. You’ll also find parks and green spaces nearby, such as Ralph Harris Park three blocks north, providing a nice balance of urban, residential, and natural environments.
The Property features Suites A and F (roughly 1,600 SF each), currently being utilized for Endodontic and Prosthodontic dental practices. The condo enjoys a shared walkthrough area within the complex, as well as ample parking for clients and employees. There are currently 4 mini-splits within Suite F, with Suite A utilizing a Central HVAC system. The spaces also include private practice rooms with a receptionist desk in each. The entire property has been renovated and improved in 2024. Ownership has put in close to $150,000 in capital improvements. Some of these improvements include: rain gutter removal and replacement, fence replacement, exterior lights replacements, concrete installment, updated exterior paint, dry rot repairs and roof shingles being re-installed.