26955 State Route 1 - Storefront Retail/Residential FOR SALE


Tomales, CA 94971
$2,400,000 USD
415-655-5639
26955 State Route 1, Tomales, CA for Sale
$2,400,000 USD
Storefront Retail/Residential - FOR SALE
1/69
null | Request Cap Rate

26955 State Route 1
Tomales, CA 94971


HIGHLIGHTS

  • Historic Spacious Mahogany Bar with 3 service wells
  • Large Outdoor Dining/Event Patio
  • Spacious Dining Room

OVERVIEW

Prime opportunity to invest in this LLC and own/operate a historic restaurant and bar($2,400,000 for the building/property + $250,000 for the business & type 48 license) and manage some well-appointed short term rentals. The William Tell House has a long and storied history in Marin County. It is currently operated with a full restaurant and bar and 4 self-service short-term rental rooms with potential to expand or room for an owner/operator. The William Tell House is heralded as the oldest bar in Marin County. This historic saloon dates back to 1877 and features a 100-year old mahogany bar. The restaurant has been recently renovated and is well equipped with a spacious dining room and a large outdoor dining area. The right food and beverage program would be scalable to grow for the tourism season and trim down to serve the local community outside peak season. The spacious bar is equipped with a 5-tap beer system and three speed well stations. The restaurant most recently offered over-the-counter service to position it for high volume. The dining room is updated and equipped for service. It also has a type 1 hood and is well equipped for most types of cooking. Being situated right off Hwy 1, the restaurant is positioned to capture many tourists making their way to Dillon Beach or Bodega Bay. Uniquely positioned to be the local entertainment and dining choice featuring fresh local ingredients and a tourists' haven, The William Tell also has great expansion opportunities as an event or wedding venue too!

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$359 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The William Tell House

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1877

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C-VC-RB1, Marin County

APN/PARCEL ID

102-074-18

ASK ABOUT THIS PROPERTY

Cheryl MaloneyVanguard PropertiesMore Info
415-655-5639

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Cheryl MaloneyVanguard PropertiesMore Info
415-655-5639

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