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Paul Gallegos

paul@gocobaltrealty.com +1(916) 208-1068

$ 4,750,000

Est. payment | -/mo

49,299.44 Acres Lot

Save

$ 4,750,000

Est. payment | -/mo

Save

49,299.44 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225125681

HOA Y/N No

Year Built 1962

Lot Size 49299.441 Acres

Acres 1.81

Property Sub-Type Retail

Source MLS Metrolist

Property Description

In 2021, the California & Main Retail Center experienced a fire from an unhoused individual trying to stay warm. Since then, ownership has invested over $1,000,000 in restoration and upgrades, returning the asset to optimal condition and elevating curb appeal and functionality. Additional recent owner work, new A/C units, landscape/tree trimming, and fresh parking lot paint/striping, further improves day-to-day operations and tenant/visitor experience. The final two vacancies have now been leased, so the center is 100% occupied and stabilized. One of the largest suites, originally leased during the COVID period, remains under market, and is the first lease to roll, creating an immediate mark-to-market opportunity for a new owner. Positioned at the hard corner of California St & Main St in Woodland, the property totals 25,626 SF on 1.81 acres, with 82 striped parking spaces and visibility along two key arterials (approx. 15,000 VPD). Originally built in 1962 and renovated in 1995, the center has benefited from ongoing facade, paving, landscaping, and mechanical enhancements. The tenant mix delivers daily-needs convenience (e.g., Subway, Taco Joe's Caf, barbershop, dental clinic, children's activity center, resale retail), supporting durable traffic and income. The asset is offered at $4,750,000, reflecting a 7.06% cap rate, with a 2026 NOI of $335,456 plus annual escalations.

Location

State CA

County Yolo

Area 11411

Direction Use GPS

Location Details Restaurant Nearby,Shopping Nearby,Strip Center

Interior

Heating Central

Cooling Central

Flooring Varies by Unit

Exterior

Parking Features Private

Utilities Available Sewer Connected, Internet Available, Natural Gas Connected

Water Access Desc Public

Roof Type Flat

Total Parking Spaces 82

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 064-140-015-000

Special Listing Condition Offer As Is

Listed by Ronald Caceres, Broker

Nearby Locations

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Paul Gallegos

REALTOR® | Lic# 01858690

paul@gocobaltrealty.com

+1(916) 208-1068

970 Reserve Dr, #100, Roseville, CA, 95678

1st 08 W Main Woodland, CA 95695

Paul Gallegos

Key Details

Location

Interior

Exterior

Building

Others

1st 08 W Main