814 Court Street (Commercial Office), Woodland, CA

$1,900,000

Introducing an exceptional investment opportunity in Downtown Woodland! Located at 814 Court Street, this modern 10-bedroom Sober Living Environment (SLE) converted from a previous professional office space offers a lucrative lease agreement with a stable tenant, generating $199,560 in annual gross rent with 3.5% yearly increases. Situated in an Opportunity Zone, this property features 21 parking spots on a 0.48-acre lot in the heart of Woodland's downtown core. The established tenant, Friends of the Mission dba Fourth and Hope, operates a Sober Living Environment program, making a positive impact in the community. Benefit from a hassle-free investment with minimal maintenance and landlord expenses, knowing the lease is secured until October 2027 and may extend beyond. Don't miss this chance to own a prime piece of real estate in a thriving location, only 20 miles from the State Capitol, Sacramento and in the town of Woodland, the County seat of Yolo County.

The property is located in downtown Woodland, which is 20 miles from downtown Sacramento and 11 miles from Davis. The town of Woodland is accessed along Interstate 5 and Highway

113 and acts as the County Seat for Yolo County.

As the county seat, the city of Woodland provides a significant number of programs, similar to this to flourish.

The building consist of 5,849+ net usable square feet built on a one-half acre lot, bound by Court street to the north and Dead Cat alley to the south. It was built in 2000 and is currently leased to Friends of the Mission dba Fourth and Hope. The lease is planned to be renewed for another three years, through September 2027 (with possible extension). Landlord expenses are limited to property taxes, insurance and general maintenance of the building. A copy of the lease will be provided to qualified buyers upon request.

The tenant is well established in the area, and was formally organized in 1985 under Yolo Wayfarer Center Christian Mission, now doing business as Fourth and Hope, a non-profit organization. The mission of the organization is to feed, clothe, shelter and facilitate recovery to those in need. At this location specifically, Fourth and Hope has worked diligently with the city of Woodland to convert this commercial office space into a Sober Living Environment (SLE) program to temporarily house up to 30 individual males at any given time. While this location is relatively new for the tenant, they have operated the SLE program at their prior location for the past twenty years with a continued demand for more temporary housing needed in the area.

At this facility, there are ten (10) bedrooms that temporarily house anywhere from two (2) to four (4) individuals at any given time. Other improvements include four (4) individual shower rooms w/ one (1) being ADA compliant and four (4) restrooms along with a common room, dining area, kitchen, laundry and two office spaces.

This offering presents an opportunity to acquire a great investment opportunity in expanding downtown Woodland.

Property Type:

Commercial Sale

Property Sub Type:

Mixed Use

Investment Highlights:

• $199,560 ANNUAL RENT
• 3.5% ANNUAL INCREASES
• LEASED THROUGH 9/30/2027
• ESTABLISHED TENANT
• LOW MAINTENANCE
• MODERN BUILD (2000)
• 10 BEDROOMS
• 21 PARKING SPOTS
• DOWNTOWN LOCATION
• OPPORTUNITY ZONE

Location: 

Between Court Street and Dead Cat Alley, 150+ feet east of Third Street in Woodland CA. 

Parcel No.: 

Yolo County APN 005-222-016

Building Size: 

5,849+ Net Useable Square Feet

Lot Size: 

21,083+ S.F. or 0.48+ Acre

Zoning: 

Downtown Core (DX-1) – City of Woodland (Mixed Use)

Lease: 

Established Single Tenant through October 2027 (with possible extension) Friends of the Mission dba Fourth and Hope.

Asking Price: $1,900,000