6101 S Highway 1 - Storefront Retail/Residential FOR SALE


Elk, CA 95432
$975,000 USD
707-489-7027
6101 S Highway 1, Elk, CA for Sale
$975,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | Request Cap Rate

6101 S Highway 1
Elk, CA 95432


HIGHLIGHTS

  • Mixed Use. Residential unit behind the store is a 1978 Manufactured home on a permanent foundation.
  • Financials available upon receipt of signed NDA agreement and proof of funds or pre-approval.
  • Popular destination business.

OVERVIEW

The beloved Elk Store has become a favorite gathering place for locals and visitors alike, drawing thousands annually. Established in 1927, this iconic establishment offers an elevated selection of local wines, craft beers, hand-made deli sandwiches, and grocery essentials. Patrons also delight in locally made baked goods, artisan soaps and ceramics, making it a must-stop along the picturesque coast highway. The shelves are filled with carefully curated treasures for culinary adventurers. Stepping inside, visitors are transported by original rustic floors and vintage coolers, evoking a quaint and timeless ambiance. Located in the charming seaside village of Elk, directly across from a large parking area with an EV charging station, the store is adjacent to the pathway down to scenic Greenwood State Beach. Elk has enjoyed significant revitalization in the last few years, featuring a two-Michelin Star restaurant, boutique luxury accommodations, breathtaking wedding venues and charming shops. This turnkey operation includes inventory, equipment, type 20 liquor license, and a separate home behind the store ideal for employee housing, rental income, or a live-work arrangement for a new owner. The Elk Store's stellar reputation offers the kind of intangible value that comes with the enthusiastic support of the local community, loyal customer base, and steady stream of tourists. Situated amidst the picturesque coastal highway, redwood forests, and vineyards along Highway 128, this is a rare opportunity to acquire not just a store, but a cherished destination, and hub of the local community.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$501 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Elk Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

RV

APN/PARCEL ID

127-231-03-00

ASK ABOUT THIS PROPERTY

Greg BurkeMendo Sotheby’s International RealtyMore Info
707-489-7027

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Greg BurkeMendo Sotheby’s International RealtyMore Info
707-489-7027

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