14144 Market Street, Walnut Grove, CA 95690, Walnut Grove, 95690 - 0 bed, 0 bath
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Walnut Grove, CA 95690
Analysis of 14144 Market Street, Walnut Grove, CA 95690 is currently available with a list price of $750,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Walnut Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1944, making it 79 years old. While currently used as commercial storefronts (cafe, hair salon, warehouse), the MLS listing categorizes it as 'Residential' and 'Single Family Residence' with 'potential residential conversion.' Assessing it through a residential lens, the property lacks a residential kitchen entirely, featuring only commercial-grade kitchens that would require complete demolition and build-out for residential use. The existing bathrooms are highly utilitarian, basic, and significantly outdated in style and features (e.g., old vanities, basic fixtures, dated tile/laminate, pedestal sinks, commercial stalls), appearing to have seen no major renovations in 30-50+ years. While the structure is functional for its current commercial purpose, converting it to a desirable residential property would require substantial repairs and rehabilitation, including all new kitchens and bathrooms, and likely significant upgrades to meet modern residential standards. The overall condition, particularly of the key areas specified, is very dated and would be considered uncomfortable or unsuitable for modern residential living without extensive work.
The property is fully-leased, offering stable income and cash flow, while also presenting a significant value-add opportunity for future growth and increased returns.
Zoned SPA (Special Planning Area), the property allows for a wide range of uses, including potential residential conversion, providing substantial future development and repositioning opportunities.
The asset includes multiple storefront units, 3,000 SF of versatile warehouse space with dual 15'x8' roll-up doors, and an enclosed, fenced patio area, accommodating various business types.
Built in 1944, the property is an older structure, which may imply potential for higher maintenance costs, outdated infrastructure, or the need for significant capital improvements.
While residential conversion is a potential upside, it is explicitly 'subject to city planning and permitting,' indicating that it is not guaranteed and requires additional time, effort, and approval processes.
The 'value-add' nature of the property suggests that significant further investment in capital improvements, renovations, or strategic repositioning may be required to fully realize its potential, which could be a barrier for some investors.
Presenting a unique opportunity to acquire a fully-leased, value-add retail property located on River Rd, offering a blend of stable income, flexible zoning, and future development potential. The property spans 6,032 SF across two stories and features multiple storefront units, each with individual electric meters serviced by SMUD. Zoned SPA (Special Planning Area), the site allows for a wide range of usesincluding potential residential conversionsubject to city planning and permitting. This versatile asset includes 3,000 SF of warehouse space with dual 15' x 8' roll-up doors and an enclosed, fenced patio area, ideal for outdoor use or additional storage. Ample natural light, tenant-controlled HVAC, and air conditioning throughout make this property an attractive choice for a variety of users. Whether you're an investor seeking stable cash flow or an owner/user exploring redevelopment or repositioning, this property checks all the boxes.This fully leased, 6,032 SF multi-tenant retail storefront offers a rare value-add opportunity with residential potential under SPA zoning (subject to approval), featuring 3,000 SF of warehouse space with two 15'x8' roll-up doors, individually metered units (SMUD), tenant-controlled HVAC and AC, a fenced patio, and excellent visibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 14% |
| Baths | 0.0 | 2.0 | 14% |
| Square foot | 6,032 | 1,604 | 86% |
| Lot Size | 6,181 | 10,053 | 29% |
| Price | $750.0K | $435.0K | 86% |
| Price per sq ft | $124 | $269 | 29% |
| Built year | 1944 | 1950 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 191 | 185 | 71% |
Oct 13, 2025
$750,000
Initial Listing
May 18, 2021
$517,500
Public Record
May 31, 2018
$375,000
Public Record
Feb 28, 2005
$575,000
Public Record