14527-14529 Big Basin Way - Storefront Retail/Residential FOR SALE


Saratoga, CA 95070
$2,695,000 USD
408-966-5919
14527-14529 Big Basin Way, Saratoga, CA for Sale
$2,695,000 USD
Storefront Retail/Residential - FOR SALE
1/32
null | Request Cap Rate

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14527-14529 Big Basin Way
Saratoga, CA 95070


HIGHLIGHTS

  • Rare 2,246 SF Retail + Residential Building For Sale in Downtown Saratoga
  • 1,626 SF Storefront Retail Unit + a 620 SF Residential Studio
  • Owner User/Live Work Opportunity - Both Units Are Currently Vacant
  • Retail Unit is Currently an Upscale Wine Bar with Very Upscale Improvements
  • Located on Big Basin Way in Downtown Saratoga, 1 Parcel Away from the Corner of 4th Street.
  • Surrounded by High End Restaurants such as Plumed Horse, La Fondue, The Hero Ranch Kitchen, & Flowers Saratoga

OVERVIEW

- Rare 2,246 SF Retail + Residential Building For Sale in Downtown Saratoga. - The Property has a 1,626 SF Storefront Retail Unit which has Two Separate Entrances and can be Divided to 2 Separate Units and a 620 SF Residential Studio in the Rear with a Separate Entrance. - The Retail Unit is Currently Occupied by the Owners as an Upscale Wine Bar called Fine Wines and they will Vacate at Close of Escrow Allowing an Owner User to Occupy the Unit Immediately. - The 620 SF Residential Studio is Currently Vacant, Allowing for a Live Work Opportunity to Run a Business in the Retail Unit and Live in the Residential Studio. - Excellent Condition Building with New Renovations. - Located on Big Basin Way in Downtown Saratoga, 1 Parcel Away from the Corner of 4th Street. - Surrounded by High End Restaurants such as Plumed Horse, La Fondue, The Hero Ranch Kitchen, & Flowers Saratoga. - Located in the CH-1 (Commercial Historic – 1) Zoning Designation.

FOR SALE DETAILS

PRICE

$2,695,000 USD

PRICE/SF

$1,200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

RARE DOWNTOWN SARATOGA RETAIL & RESIDENTIAL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,062 SF

ZONING

CH-1

APN/PARCEL ID

503-24-029

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-966-5919

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David TaxinMeacham OppenheimerMore Info
408-966-5919

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