14450 Highway 1 - Storefront Retail/Residential FOR SALE


Valley Ford, CA 94972
$1,350,000 USD
707-484-1948
14450 Highway 1, Valley Ford, CA for Sale
$1,350,000 USD
Storefront Retail/Residential - FOR SALE
1/8
null | 6.15% Cap Rate

14450 Highway 1
Valley Ford, CA 94972


HIGHLIGHTS

  • 100% Leased.
  • Staggered lease expirations.
  • All tenants on gross leases with tenant reimbursements.
  • Well-maintained with pride of ownership.
  • Easy accessed from Hwy-1 near Bodega Bay.

OVERVIEW

This is a commercially zoned property with four tenants consisting of 2 unit commercial buildings occupied by Estero Café and Best of the Bay Auto Body. There is a 2-bedroom home, and a leased cellular antenna disguised as a water tower. The auto shop consists of 3 garage bays with roll-up doors, paint booth and covered parking in the back for vehicle storage and repair. The Estero Café has been remodeled with up-to-date appliances, patio seating, exhaust fan in 2015, swamp cooler in 2018 and wired for a backup generator in the back and hot water heater in 2024. There is potable water delivered to the café paid for by the café. The residential home in the back is a two-bedroom, two bath rental home located in the southeast corner of the property. Built in 2006, the home has a backyard, patio area and dedicated parking for three cars. Recent updates include a hot water heater in 2015 and new duct work in 2018. New appliances are a stacked Washer dryer in 2019, Whole home generator back up with Tesla charger in 2020, kitchen remodel with new patio door and deck in 2020. The property is located in a gorgeous setting with views looking northwest to the valley and pastoral hills to the east. There is a local market steps from the front door next to the Valley Ford cheese & creamery. Across the street is Rocker Oysterfellers and Dinucci’s Italian restaurant, the Valley Ford post office and Northern Light Surf Shop. CA-Highway 1 is known nationally and is highly travelled by tourists going to Bodega Bay to the north or Dillion beach and Pt. Reyes to the south. This investment offers a buyer investment Income from four different sources, low management cost, tenants in place with extended leases and limited competition. The beauty and other businesses in town draws tourists to stop in town.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Auto Repair, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,841 SF

ZONING

C/MX

APN/PARCEL ID

026-010-047

ASK ABOUT THIS PROPERTY

Barry PalmaNewmarkMore Info
707-484-1948

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Barry PalmaNewmarkMore Info
707-484-1948

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.