16903 Yolo Avenue

Description

Discover a rare mixed-use opportunity in the heart of downtown Esparto, a historic, Yolo County designated building offering three income-producing addresses on one parcel. Featuring two retail storefronts plus a two-story residential unit with its own garage, this property provides flexible options for both investors and owner-users. Both tenants are currently month-to-month and paying well below market rents, giving a new owner immediate potential to reposition the income and significantly enhance cash flow. Whether you choose to bring rents to market, refresh the interiors, or improve operations, the upside is substantial without altering the property's historic character. For an owner-user, this asset is especially compelling. The buyer can live in the residential unit while operating a business in one or both retail storefronts, all from a highly visible corner location along Highway 16. The walkable downtown setting and steady local traffic create an ideal environment for a boutique business, service operation, or creative workspace. For investors, the below-market rents and flexible month-to-month tenancy create a strong value-add opportunity. With three potential income streams and a price point well below replacement cost, a new owner can improve returns through thoughtful management, updates, and market-aligned rents all within the parameters of its historic designation. This is a rare chance to acquire a historic mixed-use property with immediate income upside, offering both stability and versatility in one of Yolo County's most charming rural communities. DO NOT BOTHER TENANTS. Showing of residential space will be done once in escrow during the inspection/DD period. Thank you for respecting tenants privacy.